Jobless claims are a statistic reported weekly by the U.S. Department of Labor that counts people filing to receive unemployment insurance benefits.  ( 21 min )

Learn if investing your entire portfolio in stocks is a sound decision. Get information about important considerations.  ( 20 min )

Americans have less non-mortgage debt than any time since 2019, a poll shows, but not everyone is benefitting.  ( 17 min )

Inflation is expected to drop to its slowest pace since March 2021 and Nvidia shares moved higher after reports that it will invest in a rival chipmaker. Here’s what investors need to know today.  ( 19 min )

The Bureau of Labor Statistics' employment report is a widely watched indicator of economic well-being that directly influences the market.  ( 26 min )

The unemployment rate is the percentage of the total labor force that is unemployed but actively seeking employment and willing to work.  ( 31 min )

The Nasdaq 100 Index will undergo a “Special Rebalance” prior to the market open on Monday, July 24, 2023.  ( 18 min )

The labor force participation rate is a measurement of an economy’s active workforce.  ( 31 min )

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U.S. consumer prices rose modestly in June and registered their smallest annual increase in more than two years as inflation continued to subside, but probably not fast enough to discourage the Federal Reserve from resuming raising interest rates later this month. The Consumer Price Index gained 0.2% last month after edging up 0.1% in May, the Labor Department said on Wednesday. The CPI was lifted by rises in gasoline prices as well as rents, which offset a decrease in the price of used motor vehicles.  ( 7 min )

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Stocks rose Wednesday thanks to hopes that data due later will show a cooling of US inflation, weakening the case for more interest-rate rises from the Federal Reserve.  ( 7 min )

U.S. consumer prices rose modestly in June and registered their smallest annual increase in more than two years as inflation continued to subside, but probably not fast enough to discourage the Federal Reserve from resuming raising interest rates later this month. The CPI gained 0.2% last month after edging up 0.1% in May, the Labor Department said on Wednesday. The CPI was lifted by rises in gasoline prices as well as rents, which offset a decrease in the price of used motor vehicles.  ( 6 min )

Consumer prices rose at the slowest pace since March 2021 as inflation showed further signs of cooling in June, according to the latest data from the Bureau of Labor Statistics released Tuesday morning.  ( 6 min )

(Bloomberg) -- Broadcom Inc. is moving closer to selling a potential jumbo investment-grade bond after scoring approval from the European Union’s merger officials for its $61 billion acquisition of VMWare Inc. Most Read from BloombergSingapore Minister Faces Most Serious Graft Probe Since 1986DeSantis Says No Thanks to $377 Million in Federal Energy FundsPoisoned Cough Syrup Killed Kids. Authorities Cut the Investigation ShortMicrosoft Cleared to Buy Activision in US as UK Pauses FightShort Sell  ( 7 min )

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Between clearance from the European Union for Broadcom to buy VMware and the FTC losing its case against Microsoft-Activision, there may be new momentum for tech deals.  ( 26 min )

Inflation is expected to drop to its slowest pace since March 2021 and Nvidia shares moved higher after reports that it will invest in a rival chipmaker. Here’s what investors need to know today.  ( 18 min )

Higher funding costs are eating into a key measure of profitability, likely weighing on second-quarter earnings for many US banks.  ( 11 min )

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Stocks rose Wednesday thanks to hopes that data due later will show a cooling of US inflation, weakening the case for more interest-rate rises from the Federal Reserve.  ( 7 min )

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(Bloomberg) -- Investors are showing a willingness to give beaten-down electric-vehicle stocks another chance, but they’re being more discerning this time when it comes to company performance. Most Read from BloombergSingapore Minister Faces Most Serious Graft Probe Since 1986DeSantis Says No Thanks to $377 Million in Federal Energy FundsPoisoned Cough Syrup Killed Kids. Authorities Cut the Investigation ShortMicrosoft Cleared to Buy Activision in US as UK Pauses FightTurkey Agrees to Back Swede  ( 9 min )

(Bloomberg) -- Arm Ltd., the chip designer backed by SoftBank Group Corp., is in talks with Nvidia Corp. to join a group of potential investors to anchor its initial public offering, according to the Financial Times.Most Read from BloombergDeSantis Says No Thanks to $377 Million in Federal Energy FundsSingapore Puts Transport Minister on Leave Amid Graft ProbePoisoned Cough Syrup Killed Kids. Authorities Cut the Investigation ShortTurkey Agrees to Back Sweden’s NATO Bid in Boost to AllianceMicro  ( 7 min )

The U.K. semiconductor company was bought by Japan's SoftBank in 2016.  ( 26 min )

A more robust bitcoin price means the company has a stronger balance sheet, a higher share price and easier debt repayment without the need to sell down its cryptocurrency holdings, the report said.  ( 7 min )

Cathie Wood's ARK Innovation ETF sold shares of Coinbase, according to a disclosure Tuesday, as the cryptocurrency exchange rose nearly 10% on its possible role in a Bitcoin ETF.  ( 26 min )

The CEO says it’s a matter of if, not when, the financial services company becomes a top 10 financial institution in the country.  ( 26 min )

ARK currently owns 11.03 million shares of Coinbase.  ( 7 min )

“Covered calls” can turn even the most volatile stocks into income generators.  ( 26 min )

(Bloomberg) -- Cathie Wood’s Ark Investment Management LLC pared its holding of Coinbase Global Inc. for the first time in almost a year on Tuesday.Most Read from BloombergDeSantis Says No Thanks to $377 Million in Federal Energy FundsPoisoned Cough Syrup Killed Kids. Authorities Cut the Investigation ShortTurkey Agrees to Back Sweden’s NATO Bid in Boost to AllianceMicrosoft Cleared to Buy Activision in US as UK Pauses FightMeme Stocks Are Back, Raising a ‘Red Flag’ for the Broader MarketWood’s  ( 7 min )

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China's Huawei Technologies is plotting a return to the 5G smartphone industry by the end of this year, according to research firms, signalling a comeback after a U.S. ban on equipment sales decimated its consumer electronics business. Huawei should be able to procure 5G chips domestically using its own advances in semiconductor design tools along with chipmaking from Semiconductor Manufacturing International Co (SMIC), three third-party technology research firms covering China's smartphone sector told Reuters. The firms, citing industry sources including Huawei suppliers, spoke on condition of anonymity because of confidentiality agreements with clients.  ( 8 min )

(Bloomberg) -- Taiwan’s exports of integrated circuit chips dropped for a sixth consecutive month in June on slowing global demand.Most Read from BloombergPoisoned Cough Syrup Killed Kids. Authorities Cut the Investigation ShortTurkey Agrees to Back Sweden’s NATO Bid in Boost to AllianceMicrosoft Cleared to Buy Activision in US as UK Pauses FightDeSantis Says No Thanks to $377 Million in Federal Energy FundsShort Seller Andrew Left Is Living in Fear of the FedsExports decreased 20.8% from a year  ( 7 min )

The S&P 500 has experienced its second-best start to a year in the past 25 years, fueling a sense of optimism among investors. However, this achievement has not been the main story of the year. In fact, the bellwether index’s year-to-date gains of 16% have been completely overshadowed by the tech sector’s domination. With AI hype driving the surge, it has become the best-performing sector in 2023, up by 31.5%. That is a significant amount and actually represents the finest opening half of a year  ( 9 min )

De Chinese techondernemer Jack Ma verloor na een kritische speech drie jaar geleden de helft van zijn vermogen van 61 miljard dollar (55 miljard euro). De toen rijkste Aziaat had kritiek op het Chinese regeringsbeleid en dat kwam hem duur te staan.  ( 4 min )

De Chinese techondernemer Jack Ma verloor na een kritische speech drie jaar geleden de helft van zijn vermogen van 61 miljard dollar (55 miljard euro). De toen rijkste Aziaat had kritiek op het Chinese regeringsbeleid en dat kwam hem duur te staan.  ( 4 min )

De handelsprijs voor gas is woensdag gezakt naar het laagste punt sinds 8 juni. Voor een megawattuur betaalden handelaren donderdagochtend iets meer dan 28 euro. Dit komt volgens experts vooral doordat een groot Noors gasveld weer volledig in gebruik komt.  ( 4 min )

Je kunt natuurlijk je buren vragen om tijdens je vakantie je planten water te geven en op je huis te passen. Maar tegenwoordig zijn er ook een hoop producten op de markt waarmee je vanaf je vakantieadres een oogje in het zeil kunt houden.  ( 4 min )

Je kunt natuurlijk je buren vragen om tijdens je vakantie je planten water te geven en op je huis te passen. Maar tegenwoordig zijn er ook een hoop producten op de markt waarmee je vanaf je vakantieadres een oogje in het zeil kunt houden.  ( 4 min )

Er is een steeds groter tekort aan woningen, stelt onderzoeksbureau ABF Research. De bouw van nieuwe woningen kan de bevolkingsgroei niet bijbenen. Dat komt vooral door de grotere instroom van migranten, maar ook doordat ouderen niet kunnen doorschuiven naar een andere woning.  ( 5 min )

De val van het kabinet-Rutte IV betekent mogelijk vertraging voor tal van klimaatmaatregelen. Experts waarschuwen dat het demissionaire kabinet en de Tweede Kamer moeten blijven doorpakken om de klimaatdoelen voor 2030 te halen.  ( 8 min )

Zelfstandig ondernemers houden er iets meer rekening mee dat ze arbeidsongeschikt kunnen raken. Zo'n 65 procent van alle zzp'ers had zich hier aan het begin van het jaar tegen verzekerd.  ( 3 min )

Het aantal faillissementen is in juni voor de derde maand op rij toegenomen. Vooral in de handel gingen er bedrijven op de fles.  ( 3 min )

De val van het kabinet-Rutte IV betekent mogelijk vertraging voor tal van klimaatmaatregelen. Experts waarschuwen dat het demissionaire kabinet en de Tweede Kamer moeten blijven doorpakken om de klimaatdoelen voor 2030 te halen.  ( 8 min )

De val van het kabinet-Rutte IV betekent mogelijk vertraging voor tal van klimaatmaatregelen. Experts waarschuwen dat het demissionaire kabinet en de Tweede Kamer moeten blijven doorpakken om de klimaatdoelen voor 2030 te halen.  ( 8 min )

Inflation is expected to drop to its slowest pace since March 2021 and Nvidia shares moved higher after reports that it will invest in a rival chipmaker. Here’s what investors need to know today.  ( 1 min )

American Express CD rates can be much higher than average with certain terms, and there’s no minimum balance to open a new CD.  ( 20 min )

Unemployment is the term for when a person who is actively seeking a job is unable to find work.  ( 28 min )

Roku shares skyrocketed 11% on Tuesday after the TV streaming platform said it would enable viewers to seamlessly buy products from Shopify merchants directly from their streaming device.  ( 17 min )

Aggregate product liability limit is the maximum amount of money an insurance company will pay when a product's liability insurance coverage is in effect.  ( 18 min )

The Nasdaq 100 Index will undergo a “Special Rebalance” prior to the market open on Monday, June 24, 2023.  ( 16 min )

Tesla Inc. agreed Tuesday to pay $6 million to settle a lawsuit over its energy division's solar roof.  ( 17 min )

Optimism among small business owners jumped last month to the highest level since November, although rising prices and staffing issues continued to weigh on sentiment.  ( 16 min )

The Dow Jones led all indexes by moving higher by nearly 1%, as investors anticipate tomorrow’s key inflation data.  ( 17 min )

When an investor increases a position in an asset heading in the opposite direction than what the investor desires it is called adding to a loser.  ( 21 min )

Shutterstock shares jumped 9% on Tuesday after the provider of stock images and other media announced it was expanding its agreement with artificial intelligence research lab OpenAI.  ( 16 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )

A foreclosure filing is a lawsuit that lenders file to repossess a mortgaged home.  ( 21 min )

A federal judge helped pave the way for Microsoft to complete its $68.7 billion acquisition of Activision Blizzard.  ( 16 min )

If you want to score a top nationwide CD rate, it's critical you expand our search beyond just banks. That's because credit unions are often the national rate leaders.  ( 18 min )

Market weight and equal weight S&P 500 ETFs include the same set of stocks but use different weighting strategies, which can produce quite different results.  ( 24 min )

About 40% of U.S. retail investors are now open to using or are already using artificial intelligence tools to guide their investments, according to a new survey by eToro.  ( 17 min )

Citi offers CDs, checking accounts, bank IRAs, and savings accounts. Learn more about its savings account rates, features, and account requirements.  ( 21 min )

See how we chose the best lenders for new, used, and refinance auto loans. Our comprehensive methodology helps us recommend the best auto loan lenders for borrowers in a variety of circumstances.  ( 16 min )

E*TRADE savings account interest rates can't compete with the best, but high-net-worth individuals can benefit from its higher FDIC insurance coverage.  ( 18 min )

Student loan funds can be used for rent but students who need to stretch their loan dollars may find campus housing is the more affordable choice.  ( 23 min )

Check out the current Bread Savings CD rates and see how they compare to the competition. Maximize your savings with flexible and secure CD investments at Bread.  ( 20 min )

The Dow and the Nasdaq are two investable indexes, although only one is an actual exchange.  ( 24 min )

Learn the advantages and disadvantages of methods available to investors with the objective of making a bearish bet on the S&P 500 Index.  ( 23 min )

An OECD report found wages aren't keeping pace with inflation in most countries studied and warned 27% of jobs could be at risk because of AI.  ( 18 min )

U.S. equities were up at midday on July 11, 2023, adding to Monday's gains ahead of data on inflation and earnings reports.  ( 16 min )

Amazon has challenged the EU's upcoming laws on policing online hate speech and disinformation under the bloc's Digital Services Act (DSA), becoming the first U.S. company to do so.  ( 17 min )

A Consumer Financial Protection Bureau (CFPB) investigation found transgressions that impacted both Bank of America’s banking customers as well as credit card holders.  ( 18 min )

A CD can be a smart way to set aside cash. Learn about PNC Bank’s CD rates, the ins and outs of opening one, and how these CDs compare with select competitors.  ( 20 min )

One of America’s biggest operators of hospitals and healthcare facilities was affected by a data breach, which may have compromised the personal data of millions of patients.  ( 17 min )

Learn about the most effective hedging strategies available to protect a portfolio during steep corrections and long-term bear markets.  ( 24 min )

Advancing financial literacy is a cornerstone of financial advisory. These 10 financial advisors have excelled at providing essential financial literacy resources to their communities.  ( 21 min )

Wells Fargo CD rates are tiered for most of their terms and require a relatively high minimum deposit. Here's what to know before you open a CD with the bank.  ( 19 min )

These female financial advisors lead the financial advising community with impressive wealth management skills and financial literacy contributions. Lean more about the women of the Investopedia 100, below.  ( 18 min )

A mini-sized Dow is a type of option for which the underlying assets are the E-Mini Dow futures. E-mini-Dow futures are worth $5 multiplied by the DJIA.  ( 22 min )

Certificates of deposit (CDs) can be a great, conservative way to invest your money. Edward Jones is worth considering for its competitive CD rates at a variety of term lengths.  ( 21 min )

Women generally have lower financial literacy rates than men. To combat this, top female financial advisors share their experiences with financial planning across genders and offer advice to take charge of your finances.  ( 20 min )

5 top financial advisors give advice to early investors and young people who are starting to invest or begin investment careers.  ( 19 min )

There are hundreds of financial advice books. These are 10 books top financial advisors recommend for retail investors and budgeting beginners.  ( 20 min )

After surging last week, 30-year mortgage rates have eased lower for a second day. But the average is still elevated, moving in the upper-mid 7% range.  ( 19 min )

The 2023 Investopedia 100 celebrates financial advisors who are making significant contributions to conversations about financial literacy, investing strategies, and wealth management.  ( 34 min )

With rising interest rate,s a CD can be a good place to stash funds. Compare CD rates and terms from Santander Bank and find the best CD account for your savings goals.  ( 20 min )

Nasdaq is a global electronic marketplace for buying and selling securities on a computerized, speedy, and transparent system.  ( 25 min )

Tech giant Apple (AAPL) launched an online store on Tencent’s WeChat messaging app in China on Tuesday, the latest step in an effort to increase retail sales market share in the country.  ( 17 min )

WD-40 shares rose more than 10% in early trading as the company reported a double-digit jump in sales in its third quarter earnings after two consecutive quarters of little or no growth.  ( 17 min )

The 2023 Investopedia 100 celebrates financial advisors who are making significant contributions to conversations about financial literacy, investing strategies, and wealth management.

Microsoft announces another round of job cuts and Amazon projects an 11% jump in sales for Prime Day. Here’s what investors need to know today.  ( 17 min )

A horizontal merger is a merger or business consolidation that occurs between firms that operate in the same industry, usually as larger companies attempt to create more efficient economies of scale.  ( 25 min )

Coming into Tuesday trading, Rivian shares were up for nine consecutive days. That was a record for the company.  ( 26 min )

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The head of the United Auto Workers, which represents 150,000 U.S. hourly workers at General Motors, Ford Motor and Chrysler-parent Stellantis, said the union is not afraid to strike any of the automakers without a fair contract.  ( 7 min )

The underlying reason for Tuesday's run-up might be the massive bets investors have placed against the stock.  ( 26 min )

Stock futures rose Tuesday in the countdown to inflation reports that could give the Federal Reserve cause to consider ending its interest-rate hikes more quickly.  ( 7 min )

One of the best things about buying real estate investment trusts (REITs) is that with the right stock, an investor can gain appreciation and procure a solid monthly or quarterly dividend for additional income. But because not all REITs will deliver solid appreciation and dividend growth, it's important to look at a REIT's five-year history to help assess possible future returns. Take a look at one popular REIT over the past five years and what it's generating in dividends today compared with Ju  ( 8 min )

Oaktree Capital Management founder Marks wrote a lengthy note on how he takes the market's "temperature" to decide where to invest next.  ( 12 min )

Jamie Dimon, a remote work "skeptic," has some choice words for managers.  ( 8 min )

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(Bloomberg) -- Whatever theories are being proffered as to why index overseers chose to cap the influence of technology megacaps in the Nasdaq 100, the real reason is a simple one. Most Read from BloombergDeSantis Says No Thanks to $377 Million in Federal Energy FundsSingapore Minister Faces Most Serious Graft Probe Since 1986Poisoned Cough Syrup Killed Kids. Authorities Cut the Investigation ShortMicrosoft Cleared to Buy Activision in US as UK Pauses FightTurkey Agrees to Back Sweden’s NATO Bid  ( 8 min )

Plans for Tesla’s secret “Project 42” called for an unusual-looking glass structure in the Austin, Texas, area.  ( 29 min )

Aerospace giant Boeing reported strong second-quarter jet deliveries. A larger number of orders meant that the backlog grew—that's good for sales and earnings.  ( 26 min )

Starbucks, Mondelez, and Booking are among the possible outperformers from the index’s weighting changes, according to Wells Fargo.  ( 26 min )

A big gamble by GM is causing consternation for its dealers in the all-important race to sell cars - namely electric vehicles.  ( 9 min )

The significance of amassing your first $100,000 cannot be underestimated when it comes to building long-term wealth. As Charlie Munger, esteemed investor and vice chairman of Berkshire Hathaway Inc., aptly stated during a shareholder meeting in the late 1990s, "The first $100,000 is a b***h, but you gotta do it. I don't care what you have to do – if it means walking everywhere and not eating anything that wasn't purchased with a coupon, find a way to get your hands on $100,000." Munger's advice  ( 9 min )

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The U.S. electric vehicle market is growing, but not fast enough during the latest quarter to prevent unsold EVs from stacking up at some automakers' dealerships or to allow Tesla to avoid new price cuts, according to analysts and industry data. Rising inventories and price-cutting could represent only a short-term pause in EV market growth. Automakers North America have billions of dollars in EV-related investments riding on how the next several quarters play out.  ( 9 min )

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(Bloomberg) -- Broadcom Inc.’s $61 billion acquisition of cloud-computing company VMware Inc. is poised to be approved by European Union’s merger officials, paving the way for the world’s biggest-ever takeover for a semiconductor maker.Most Read from BloombergTurkey Agrees to Back Sweden’s NATO Bid in Boost to AlliancePoisoned Cough Syrup Killed Kids. Authorities Cut the Investigation ShortMicrosoft Cleared to Buy Activision in US as UK Pauses FightShort Seller Andrew Left Is Living in Fear of t  ( 7 min )

(Bloomberg) -- Investors are fascinated with meme stocks again as they hunt through lower-quality names searching for returns. And in the process they’re raising a “red flag” for the S&P 500 Index.Most Read from BloombergTurkey Agrees to Back Sweden’s NATO Bid in Boost to AllianceMove Over Dubai. This Tiny Emirate Wants to Be the Next Haven for BillionairesErdogan Just Doomed Turkey's EU MembershipPoisoned Cough Syrup Killed Kids. Authorities Cut the Investigation ShortPowell Haunted by Repo Cri  ( 7 min )

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Regulators concluded Bank of America repeatedly charged overdraft fees and opened accounts for customers without their consent.  ( 7 min )

On Wednesday, investors will be closely monitoring one of the most important data points for the future of Federal Reserve policy — the June inflation report.  ( 7 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

The companies can complete the deal before a Federal Trade Commission hearing that is scheduled for August.  ( 28 min )

Shares of Coinbase jumped as much as 16% Tuesday after the crypto exchange reached an agreement with Cboe’s BZX Exchange to maintain a surveillance-sharing agreement for five of its spot bitcoin exchange-traded fund (ETF) applications.  ( 7 min )

A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard. Microsoft appeared to have the upper hand in a 5-day San Francisco court hearing that ended late last month. The proceeding showcased testimony by Microsoft Chief Executive Officer Satya Nadella and longtime Activision Blizzard CEO Bobby Kotick, who both pledged to keep Activision’s blockbuster game Call of Duty available to people who play it on consoles — particularly Sony's PlayStation — that compete with Microsoft’s Xbox.  ( 8 min )

ARK Innovation was rising for its third consecutive day on Tuesday.  ( 26 min )

On Monday, Digital World Acquisition Corp (NASDAQ: DWAC) announced that Eric Swider, the interim CEO and a member of DWAC's board, has been appointed as the permanent CEO, effective July 6, 2023. Swider has been serving as the interim CEO since March 19, 2023. Recently, the company reached an $18 million settlement with the SEC to end the ongoing investigation into its planned merger with former President Donald Trump's Trump Media & Technology Group, which is behind the Truth Social app. Elon M  ( 7 min )

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When searching for risk/reward plays, look no further than penny stocks. These names trading for under $5 per share are considered to be some of the most controversial on the Street, and divide market watchers into two factions: critics and fans. The former brings a valid argument to the table. Stocks don’t just end up trading at such low levels; typically, there’s a very real reason for their bargain price tags. This can be weak fundamentals or headwinds that are too strong to overcome. As for  ( 10 min )

(Bloomberg) -- Schwab Asset Management is seeking to draw investors to its high-yield bond exchange-traded fund with one of the lowest fees in the industry, even as rising rates and default fears rattle the asset class.Most Read from BloombergTurkey Agrees to Back Sweden’s NATO Bid in Boost to AllianceMove Over Dubai. This Tiny Emirate Wants to Be the Next Haven for BillionairesErdogan Just Doomed Turkey's EU MembershipPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetPutin Met Wagne  ( 8 min )

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JPMorgan upgraded, JetBlue downgraded: Wall Street's top analyst calls  ( 9 min )

A divorce is an unfortunate time in anyone's life, as it signifies the end of a likely long-term relationship and marriage. However, it's important to understand the financial ramifications of a divorce as you're going through one. So if you're … Continue reading → The post Is My Spouse Entitled to My Pension in a Divorce? appeared first on SmartAsset Blog.  ( 8 min )

Stock futures rose Tuesday in the countdown to inflation reports that could give the Federal Reserve cause to consider ending its interest-rate hikes more quickly.  ( 7 min )

Jeffery Hildebrand has made billions buying castoff wells from big companies under ESG pressure.  ( 22 min )

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Labeled a "dumb kid" by her teachers during her childhood, investor and TV personality Barbara Corcoran has defied all odds and emerged as a prominent figure in the realms of real estate, authorship, entrepreneurship, investment and television. Her most recognizable role comes as one of the pioneering investors on the popular ABC show "Shark Tank." During an interview on "The Daniel Mac Show" podcast in June, Corcoran was asked about her most profitable investment from her 14-year run on "Shark  ( 7 min )

Markets are betting that the Federal Reserve will have to raise interest rates again to tame inflation---yet bond traders and stock traders are seeing the fallout quite differently.  ( 26 min )

Amazon Prime shopping days are here, and everyone loves good deals, Barron's looked for some in the stock market, and found 15 stocks primed to go higher.  ( 26 min )

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Advance Auto Parts and others have cited a lack of skilled accounting personnel for material weaknesses in their financial-reporting controls, a key predictor of restatements.  ( 26 min )

Proprietary data analyzed by KeyBanc suggest Apple faces a slowdown in hardware sales, but there may be bigger forces moving the stock price.  ( 26 min )

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(Bloomberg) -- The oil market is finally starting to flicker into life — and nowhere is that clearer than in the prices of crude like Saudi Arabia’s, where output cuts are quietly transforming the supply landscape.Most Read from BloombergTurkey Agrees to Back Sweden’s NATO Bid in Boost to AllianceErdogan Just Doomed Turkey's EU MembershipMove Over Dubai. This Tiny Emirate Wants to Be the Next Haven for BillionairesPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetPutin Met Wagner’s P  ( 9 min )

Pipeline operator Equitrans Midstream said on Tuesday it is evaluating all legal options after a federal appellate court halted construction for the Mountain Valley Pipeline project. The $6.6 billion Mountain Valley project is one of several U.S. oil and gas pipelines delayed by regulatory and legal fights with environmental and local groups that found problems with federal permits issued by the Trump administration. "Unless this decision is promptly reversed, it would jeopardize Mountain Valley's ability to complete construction by year-end 2023," the company said in a statement.  ( 6 min )

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After last week's jobs report pointed to a still resilient U.S. economy, investors bumped up bets that the central bank would lift borrowing costs later in July by 25 basis. All eyes are now on Wednesday's inflation data that is expected to show consumer prices cooled on an annual basis in June, which could influence bets on another rate hike after the July meeting. Market participants will also keep a close tab on commentary by a number of central bank policymakers who are expected to speak during the week.  ( 7 min )

Stock futures rose Tuesday in the countdown to inflation reports that could give the Federal Reserve cause to consider ending its interest-rate hikes more quickly.  ( 7 min )

Stock futures were little changed Tuesday in the countdown to inflation reports that could give the Federal Reserve cause to consider ending its interest-rate hikes more quickly.  ( 7 min )

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Amazon shares rise as Prime Day, the online retailer's shopping extravaganza, kicks off, Microsoft makes further job cuts, and WD-40's earnings and sales beat analysts' expectations.  ( 26 min )

(Bloomberg) -- Andrew Left is behind the wheel of a dark gray Range Rover cruising through Beverly Hills with the windows down on a cool morning. Though he’s sworn off smoking, he’s looking to buy a pack of Marlboro Lights.Most Read from BloombergTurkey Agrees to Back Sweden’s NATO Bid in Boost to AllianceErdogan Just Doomed Turkey's EU MembershipPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetPutin Met Wagner’s Prigozhin After Revolt That Shook RussiaMove Over Dubai. This Tiny Emi  ( 12 min )

The company has emerged as the hardware victor during the early days of the artificial-intelligence revolution. Who else in the chip world can cash in, too?  ( 27 min )

(Bloomberg) -- Investors in Chinese bank stocks are getting a painful reminder of who’s likely to bear the brunt of government efforts to shore up the embattled real estate sector and revive economic growth.Most Read from BloombergTurkey Agrees to Back Sweden’s NATO Bid in Boost to AlliancePowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetMove Over Dubai. This Tiny Emirate Wants to Be the Next Haven for BillionairesPutin Met Wagner’s Prigozhin After Revolt That Shook RussiaChina Sign  ( 6 min )

If you like the JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) then you’re going to love its 11.9%-yielding counterpart, the JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ). What’s the difference between JEPI and JEPQ, and is JEPQ a strong choice for investors to build their portfolios around? Let’s find out. What’s the Difference Between JEPI and JEPQ? JEPI is JPMorgan’s well-known and much-discussed covered-call ETF that yields about 10.5% and pays a monthly dividend that has taken  ( 10 min )

Bitcoin rose on Tuesday morning in Asia, after Standard Chartered predicted the token could reach US$120,000 by the end of 2024. Ether and most other top 10 tokens rose.  ( 8 min )

(Reuters) -Oil prices edged higher on Tuesday, recouping some of the losses from the previous session, as traders focused on supply cuts by the world's biggest oil exporters Saudi Arabia and Russia and a weaker dollar. Supply cuts by the world's biggest oil exporters Saudi Arabia and Russia set for August helped to lift the benchmark prices, which were also supported as the U.S. dollar fell to a two-month low. "Oil has found a floor and the only thing ... that could break that is if U.S. inflation is scorching hot and the Fed is forced to tighten this economy into a recession," said Edward Moya, an analyst at OANDA.  ( 7 min )

Warren Buffett's conglomerate now owns 75% of the Cove Point liquefied natural gas facility.  ( 26 min )

Roku shares skyrocketed 11% on Tuesday after the TV streaming platform said it would enable viewers to seamlessly buy products from Shopify merchants directly from their streaming device.  ( 1 min )

A federal judge helped pave the way for Microsoft to complete its $68.7 billion acquisition of Activision Blizzard.  ( 1 min )

One of America’s biggest operators of hospitals and healthcare facilities was affected by a data breach, which may have compromised the personal data of millions of patients.  ( 1 min )

Amazon has challenged the EU's upcoming laws on policing online hate speech and disinformation under the bloc's Digital Services Act (DSA), becoming the first U.S. company to do so.  ( 1 min )

The Dow Jones led all indexes by moving higher by nearly 1%, as investors anticipate tomorrow’s key inflation data.  ( 1 min )

Microsoft announces another round of job cuts and Amazon projects an 11% jump in sales for Prime Day. Here’s what investors need to know today.  ( 1 min )

Nederlanders hebben afgelopen zomer vaker gekozen voor een buitenlandse reis dan voor een vakantie in eigen land. Dat was voor het eerst sinds de coronacrisis in 2020 begon. Ook vliegen we minder vaak en nemen we juist vaker de trein.  ( 4 min )

Mensen die hun zegje willen doen over hoe de nieuwe eurobankbiljetten eruit gaan zien, kunnen dat weer. Eerder op de dag vloog de site van de Europese Centrale Bank (ECB) eruit vanwege de drukte. Die problemen zijn weer verholpen.  ( 3 min )

Microsoft heeft na goedkeuring van de EU ook in de Verenigde Staten toestemming gekregen voor de overname van Activision Blizzard. Deze gamemaker is bekend van spellen als Call of Duty, World of Warcraft en Candy Crush.  ( 3 min )

De wereldeconomie zal in de komende vijf jaar met ongeveer 3 procent per jaar groeien, verwacht het IMF. Dat is een stuk minder hard dan gemiddeld.  ( 3 min )

Fietsenproducent VanMoof heeft de verkoop van nieuwe (elektrische) fietsen tijdelijk stilgelegd. Via de webwinkel kun je op dit moment geen fietsen meer bestellen. Volgens VanMoof is dat "om de productie en levering van bestaande bestellingen te kunnen inhalen".  ( 4 min )

De wereldwijde vraag naar energie neemt richting 2045 met 23 procent toe, verwacht secretaris-generaal Haitham Al Ghais van oliekartel OPEC. Volgens hem is het daarom niet slim om te stoppen met investeringen in oliewinning.  ( 3 min )

Fietsenproducent VanMoof heeft de verkoop van nieuwe (elektrische) fietsen tijdelijk stilgelegd. Via de webwinkel kun je op dit moment geen fietsen meer bestellen. Volgens VanMoof is dat 'om de productie en levering van bestaande bestellingen te kunnen inhalen'.  ( 3 min )

De gevallen techmiljardair Elizabeth Holmes hoeft nog maar negen jaar vast te zitten. Dat is twee jaar minder dan de straf die ze eind vorig jaar kreeg voor het misleiden van investeerders en klanten.  ( 3 min )

Nog twee weken voordat Midden-Nederland aftrapt met de bouwvak. Dan volgen de weken waarin veel bouwvakkers op vakantie gaan, al is dat allang niet meer verplicht. Hoe werkt dat precies?  ( 3 min )

De Nederlandse Arbeidsinspectie waarschuwt voor de veiligheid van boodschappenbezorgers. Zij moeten zware kratten van soms wel 20 kilo hoog uit vrachtwagens tillen. Ook gaat er vaak droogijs mee om het eten te koelen, wat voor brandwonden en verstikking kan zorgen.  ( 3 min )

Grondstoffen die nodig zijn voor zonnepanelen, windmolens en elektrische auto's komen steeds vaker uit slechts een paar landen, waaronder China. Dit maakt andere landen kwetsbaar bij hun omslag naar schone energie, waarschuwt energieagentschap IEA.  ( 3 min )

De Europese Unie en de Verenigde Staten hebben een nieuwe deal bereikt over het uitwisselen van data van Europeanen. Daarmee mogen bedrijven onze data weer opslaan op Amerikaanse servers.  ( 3 min )

Wie met de auto naar de garage moet voor een onderhoudsbeurt, moet soms zomaar zes weken wachten op een plekje. Automonteurs laten zich vaker omscholen en laten een gat achter op de arbeidsmarkt.  ( 4 min )

Grondstoffen die nodig zijn voor zonnepanelen, windmolens en elektrische auto's komen steeds vaker uit slechts een paar landen, waaronder China. Dit maakt andere landen kwetsbaar bij hun omslag naar schone energie, waarschuwt energieagentschap IEA.  ( 3 min )

Mensen die willen meedenken over hoe de nieuwe eurobankbiljetten eruit gaan zien, moeten nog even geduld hebben. De Europese Centrale Bank wilde een enquête online zetten, maar wegens "grote belangstelling" kan niemand die nog invullen.  ( 3 min )

Starters konden in het afgelopen half jaar meer huizen kopen dan in dezelfde periode vorig jaar. Dit kwam door lagere prijzen, hogere inkomens en ruimere leennormen. Toch blijft hun positie moeilijk, met name voor alleenstaanden.  ( 5 min )

Nederlandse goederen en diensten waren vorige maand 5,7 procent duurder dan een jaar eerder. Het inflatiecijfer is iets lager dan in mei: toen steeg de inflatie nog naar 6,1 procent.  ( 3 min )

Het aantal gebruikers van het nieuwe sociale medium Threads is, bijna een week na de lancering, gestegen tot meer dan 100 miljoen. Dat heeft onderzoeksbureau Quiver Quantitative uitgerekend. Mark Zuckerberg, eigenaar van Threads en Facebook, heeft dat aantal inmiddels bevestigd.  ( 4 min )

Nederlandse goederen en diensten waren vorige maand 5,7 procent duurder dan een jaar eerder. Het inflatiecijfer is iets lager dan in mei: toen steeg de inflatie nog naar 6,1 procent.  ( 3 min )

Anyone involved in the investing game will know it’s all about ‘stock picking.’ Choosing the right stock to put your money behind is vital to ensure strong returns on an investment. Therefore, when the Wall Street pros consider a name to be a ‘Top Pick,’ investors should take note. Using the TipRanks platform, we’ve looked up details on two stocks that have recently gotten ‘Top Pick’ designation from some of the Street’s analysts. So, let’s dive into the details and find out what makes them so.  ( 10 min )

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Apple dropped 1.1%, leaving its market capitalization at $2.967 trillion. Alphabet and Amazon fell over 2%, while Microsoft and Tesla each slid more than 1%. Wall Street's most valuable stocks declined after Nasdaq said late on Friday it would carry out a "Special Rebalance" of the index to "address overconcentration in the index by redistributing the weights."  ( 7 min )

Comedian Sarah Silverman and two others filed a pair of purported class-action lawsuits against OpenAI, parent of ChatGPT, and Meta Platforms.  ( 26 min )

(Bloomberg) -- Berkshire Hathaway Energy agreed to buy Dominion Energy Inc.’s stake in a Maryland liquefied natural gas export project for $3.3 billion.Most Read from BloombergPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetMove Over Dubai. This Tiny Emirate Wants to Be the Next Haven for BillionairesPutin Met Wagner’s Prigozhin After Revolt That Shook RussiaTurkey Agrees to Back Sweden’s NATO Bid in Boost to AllianceJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionThe d  ( 7 min )

Rivian stock is up for a ninth consecutive trading session. The rally in the EV shares feels like short covering.  ( 29 min )

Used car prices eased again in June. That has shares of used car dealers moving higher.  ( 26 min )

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In February, the company said there was 'substantial doubt' about its ability to continue operating through this year.  ( 26 min )

Stocks closed higher Monday, kicking off a week where the focus will be on inflation, interest rates, and the start of the second quarter earnings season.  ( 7 min )

Investors are selling the news when it comes to drug developments.  ( 26 min )

Silicon Valley names have gotten the attention, but there are lots of other companies that are using the technology in their operations.  ( 29 min )

The Houston area officially has a new largest publicly traded company.  ( 9 min )

Nasdaq says it plans to rebalance the Nasdaq 100 stock index to adjust for the huge surge this year in megacap tech stock prices.  ( 29 min )

KPMG U.K. CEO Jon Holt tells Fortune, “It’s important that as a business we support them as they begin their training and careers with us.”  ( 8 min )

Rivian stock is up for a ninth consecutive trading session. The rally in the EV shares feels like short covering.  ( 29 min )

Joe Biden’s race to embrace electric vehicles risks overwhelming US charging infrastructure and creating disastrous supply shortages, two of the world’s biggest carmakers have said.  ( 7 min )

Used car prices eased again in June. That has shares of used car dealers moving higher.  ( 29 min )

Companies are expected to see earnings decline for the third straight quarter but that might not be a bad thing for stocks, according to Wall Street strategists.  ( 8 min )

Rivian's stock is on fire. Here's why shares of the EV company are up more than 90% over the past nine trading sessions.  ( 7 min )

The Federal Reserve will likely need to raise interest rates further to bring down inflation that is still too high, but the end to its current monetary policy tightening cycle is getting close, several U.S. central bank officials said on Monday. The Fed has raised interest rates by 5 percentage points since March 2022 to bring down the highest U.S. inflation in four decades. Fed policymakers opted last month to forego a rate increase to give themselves time to assess the still-developing effects of the previous hikes in borrowing costs, even as most also penciled in at least two more increases by the end of 2023.  ( 7 min )

The Wall Street firm's technology analysts reiterated an Overweight rating for Nvidia shares. The firm’s price target for the chip maker is still $500.  ( 26 min )

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Bud Light sales have been slipping, and the impact extends beyond the beer brand. Global glass producer Ardagh Group recently announced that it's shutting down two glass bottling plants — one in North Carolina and one in Louisiana. WRAL-TV reported that the closure of these two plants would result in roughly 645 employees being laid off. According to an internal memo obtained by WRAL, the decision was "due to slow sales with Anheuser InBev," the multinational brewing company behind Bud Light. In  ( 9 min )

In February, the company said there was 'substantial doubt' about its ability to continue operating through this year.  ( 26 min )

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China is teetering on the brink of deflation as the world’s second largest economy continues to feel the impact of Beijing’s draconian zero Covid policies.  ( 8 min )

Hon Hai Precision Industry Co Ltd (OTC: HNHPF) Foxconn has announced its withdrawal from a $19.5 billion semiconductor joint venture with Indian conglomerate Vedanta, dealing a setback to chipmaking plans for India. The Apple Inc (NASDAQ: AAPL) supplier and Vedanta forged a deal in 2022 to establish semiconductor and display production plants in Prime Minister Modi's home state of Gujarat. Foxconn said it would not proceed with the joint venture with Vedanta, Reuters reports. Also Read: Apple Go  ( 7 min )

5Rivian Automotive's shares (RIVN) rose over 5% in morning trading, pointing to another bumper day for the electric-vehicle maker's stock. It has risen for the past eight trading sessions, gaining nearly 84% in that period and closing at the highest le  ( 22 min )

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Chet Kapoor believes paying to work for your role model is better value for those who are already spending thousands of dollars on a degree.  ( 8 min )

As of Monday morning, there are six Buys and three Hold ratings for shares of CAVA.  ( 9 min )

Currently, the markets are experiencing a bullish trend. However, the conventional wisdom says that we’re looking at a recession, likely short and shallow, to play out during the second half of this year, with a chance of extending into 1Q24. Looking at the situation from RBC Capital, Lori Calvasina writes, “There are two ways it can go from here: Something could go wrong with those winning companies and pull the market down, or the market’s leadership could broaden out. One of those paths isn’t  ( 10 min )

Agreements give troubled carrier more time to negotiate with International Brotherhood of Teamsters and streamline operations.  ( 26 min )

American depositary receipts of Nanobiotix jumped over 50% in early trading on Monday after signing an agreement with J&J's Janssen Pharmaceutical to work on co-developing a drug to treat head and neck cancer tumors.  ( 18 min )

(Bloomberg) -- Rivian Automotive Inc. is finally starting to realize the potential that investors saw in the electric-vehicle manufacturer back when it staged one of the largest initial public offerings ever.Most Read from BloombergPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetMove Over Dubai. This Tiny Emirate Wants to Be the Next Haven for BillionairesJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitChin  ( 10 min )

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Foreign brands are losing market share to Chinese rivals, driven by local manufacturers’ lead in electric vehicles, as Beijing’s industrial policy begins to pay off.  ( 28 min )

Carl Icahn and banks agreed to untie his personal loans from the trading price of Icahn Enterprises shares, the company confirmed Monday.  ( 26 min )

Stocks were setting up to open lower Monday, kicking off a week where the focus will be on inflation, interest rates and the start of the second-quarter earnings season.  ( 7 min )

While retirement may be associated with leaving the workforce behind, most Americans plan to work past the age of 65. In fact, a 2022 study from the Transamerica Center for Retirement Studies found that around 57% of workers plan to … Continue reading → The post Best Work-from-Home Opportunities for Retirees appeared first on SmartAsset Blog.  ( 10 min )

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Buying a home is one of the biggest financial decisions many people will ever make. And it can also be one of the most complex. Even the simple question of what percentage of your income should safely go to a … Continue reading → The post What Percentage of Your Income Should Safely Go to a Mortgage? appeared first on SmartAsset Blog.  ( 8 min )

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If you spot a Tesla on the road, you may be impressed by the sleek style of the car, but you may also find yourself wondering: How do you take an electric car like that on a road trip? How … Continue reading → The post How to Invest in EV Charging Stations appeared first on SmartAsset Blog.  ( 8 min )

Reminder: not every S&P 500 company is a beast like Nvidia.  ( 8 min )

(Bloomberg) -- The first proxy season after a key US rule change was expected to rock the shareholder activism world. Instead, the universal proxy card turned typically public battles into something more private and discreet, with settlements reached behind the scenes or very quickly once they become known. Most Read from BloombergPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetMove Over Dubai. This Tiny Emirate Wants to Be the Next Haven for BillionairesJack Ma’s Clash With Beijin  ( 10 min )

Bud Light, which held the top spot as the most-sold beer in 2022 and in the first four months of this year, has seen sales drop after a backlash from conservatives over a social media promotion with transgender influencer Dylan Mulvaney. Target, which has sold Pride-themed merchandise in June for years, was forced to remove some of it following confrontations between customers and employees. Sales of Bud Light and Budweiser dropped 28% and 11.7%, respectively, for the four weeks ended July 1 from a year earlier, while Modelo Especial sales rose 8.5%, according to consulting company Bump Williams, which sources data from NielsenIQ.  ( 7 min )

Chinese tech stocks fall in the U.S. following concerning Chinese data, after a rally caused by hopes the regulatory crackdown on the sector is easing.  ( 26 min )

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(Bloomberg) -- Cava Group Inc.’s stock has surged since it started life as a listed company last month, and analysts generally agree further gains are on the way, with some comparing the fast-casual restaurant chain with another investor favorite: Chipotle Mexican Grill Inc.Most Read from BloombergPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetMove Over Dubai. This Tiny Emirate Wants to Be the Next Haven for BillionairesJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionY  ( 8 min )

On Friday, Beijing announced a $985 million fine for Ant Group — an Alibaba affiliate — signaling an end to a years-long regulatory crackdown.  ( 8 min )

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Analysts warn that steps to limit market manipulation might not clear the Securities and Exchange Commission’s bar.  ( 26 min )

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The EV start-up announced plans to sell $300 million in convertible notes.  ( 29 min )

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Icahn and banks agreed to untie his personal loans from the trading price of Icahn Enterprises shares, The Wall Street Journal reported.  ( 26 min )

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Stocks were setting up to open lower Monday, kicking off a week where the focus will be on inflation, interest rates and the start of the second-quarter earnings season.  ( 7 min )

Foxconn said on Monday it is pulling out of a joint venture with Vedanta Ltd that was set up to make semiconductors from India.  ( 6 min )

The Secure Act 2.0 legislation that passed late last year added new retirement savings options but also has a few potential catches for unsuspecting savers. In my last column, I covered one set of these changes: new exceptions to the 10% federal penalty for tapping retirement money early. Catch-up provisions have long allowed older workers to put more money into retirement plans.  ( 8 min )

Fred Chapman has a message for Ford Motor Co, which is planning to build a sprawling factory on the outskirts of this town to make batteries for electric cars and which promises to employ 2,500 people. That’s a surprising view coming from Chapman, a 62-year-old toolmaker who has spent his whole career in manufacturing and watched, over the decades, as factory after factory in the region shut down, including one in Marshall that made auto parts where Chapman worked for nearly a decade. One of the most enduring ideas in the U.S. industrial heartland is that a manufacturing renaissance is necessary to finally shake the region's “Rust Belt” image.  ( 10 min )

The comedian and two other authors say their work was used to train AI-powered chatbots without their permission.  ( 7 min )

Chinese tech stocks fell in the U.S. following concerning Chinese data, after a rally caused by hopes the regulatory crackdown on the sector is easing.  ( 26 min )

(Bloomberg) -- Carl Icahn is getting breathing room from banks more than two months after Hindenburg Research disclosed its short-selling report against the billionaire’s investment firm, the Wall Street Journal reported. Most Read from BloombergJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitChina’s Flood of Plastic, Yellen Departs: Sunday Asia BriefingYellen  ( 7 min )

↗️ Icahn Enterprises (IEP): Carl Icahn finalized agreements that untie his loans from the trading price of his investment company’s  ( 21 min )

(Bloomberg) -- European stocks are the cheapest they’ve ever been compared with their US peers, according to Citigroup Inc. strategists who have adjusted their global asset allocation to reflect this view.Most Read from BloombergJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitMove Over Dubai. This Tiny Emirate Wants to Be the Next Haven for BillionairesChina’s  ( 7 min )

Some two dozen central banks across emerging and advanced economies are expected to have digital currencies in circulation by the end of the decade, the Bank for International Settlements (BIS) found in a survey published on Monday. Central banks around the globe have been studying and working on digital versions of their currencies for retail use to avoid leaving digital payments to the private sector amid an accelerating decline of cash.  ( 7 min )

U.S.-listed shares of Alibaba fall after surging 8% on Friday after China fined affiliate Ant Group nearly $1 billion, Meta's Threads surpasses 100 million users, and Delta and JPMorgan Chase kick off earnings season later this week.  ( 26 min )

Here is your Pro Recap of four head-turning deal dispatches you may have missed this week: Cronos attracts interest; Brookfield buys American Equity Investment Life, Thermo Fisher merges with CorEvitas, and Monster Beverage buys Bang Energy.  ( 8 min )

The China Association of Auto Manufacturers (CAAM) said in a statement on Saturday it recognised the agreement had violated China's antitrust law and would retract it. Intense competitive pressure: Since January, when Tesla cut prices in China, about two dozen automakers have followed with price cuts of their own to stay competitive and stoke demand.  ( 8 min )

Investing.com -- Analysts at Goldman Sachs have raised their price target for Nvidia (NASDAQ:NVDA), citing the potential for artificial intelligence to help boost the graphics card maker's performance.  ( 7 min )

(Bloomberg) -- A stronger-than-expected corporate earnings season alone won’t be enough to boost the S&P 500 this time around, according to one of the most bearish voices on Wall Street.Most Read from BloombergJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitMove Over Dubai. This Tiny Emirate Wants to Be the Next Haven for BillionairesChina’s Flood of Plastic,  ( 7 min )

Dara Khosrowshahi just sold $4.5 million of shares of the ride-hailing firm he heads, his first sales of Uber stock since January 2021.  ( 26 min )

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. reported better-than-expected sales on a boom in artificial intelligence applications demanding more of the industry-leading firm’s chipmaking capacity.Most Read from BloombergJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitChina’s Flood of Plastic, Yellen Departs: Sunday Asia BriefingYellen’s China Trip Of  ( 7 min )

Icahn has agreed to increase his collateral and set up a plan to fully repay the loans in three years, the report said, citing people familiar with the matter. Icahn's company became the target of short-seller Hindenburg Research in May. Among other concerns, Hindenburg flagged that Icahn had pledged more than 65% of his IEP stake as collateral for margin loans for "unspecified purposes."  ( 6 min )

The announcement came after China's financial regulator on Friday fined the Alibaba Group affiliate $984 million for violating laws and regulations, a move seen by many industry observers as a sign that a regulatory crackdown on the country's technology sector is over. In addition a lot of other tech darlings have also corrected by a lot over the past two years, so they aren't alone.  ( 8 min )

Deal unties his personal loans from the trading price of Icahn Enterprises.  ( 27 min )

China's inflation data for June surprised on the downside, with consumer prices slipping 0.2% on the month to leave annual CPI dead flat. On the face of it, this implies there is plenty of scope to ease monetary and fiscal policy further. Japan's experience shows what deflation combined with a shrinking population can mean for an economy.  ( 7 min )

(Bloomberg) -- As Middle Eastern sovereign wealth funds emerge as the go-to investors for some of the biggest deals, the world’s oldest and one of its largest is being eclipsed by its more ambitious, flashier neighbors. Most Read from BloombergJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetChina’s Flood of Plastic, Yellen Departs: Sunday Asia BriefingYellen’s  ( 9 min )

(Bloomberg) -- Miner Rio Tinto Group sees a host of near-term economic challenges in China, including in the country’s real estate industry, but reaffirmed its positive medium- and long-term outlook.Most Read from BloombergJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetChina’s Flood of Plastic, Yellen Departs: Sunday Asia BriefingWall Street Soothsayers Are B  ( 7 min )

Investors can’t stop looking over their shoulders for major risks looming in markets.  ( 25 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

(Bloomberg) -- Investors in Asian assets faced a host of competing forces as trading got underway in the region in Monday, from the risk of higher interest rates and recession to a potential turning point for Chinese tech companies and constructive dialogue between Beijing and Washington.Most Read from BloombergYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionChina’s Flood of Plastic, Yellen Departs: Sunday Asia BriefingW  ( 9 min )

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(Bloomberg) -- China’s consumer inflation rate eased to zero in June while factory-gate prices fell further, underlining continued weakness in demand and adding to concerns about the threat of deflation in the economy.Most Read from BloombergYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetChina’s Flood of Plastic, Yellen Departs: Sunday Asia BriefingWall Stree  ( 6 min )

BEIJING (Reuters) -China's factory-gate prices fell at the fastest pace in over seven-and-a-half years in June, while consumer inflation was at its slowest since 2021, adding to the case for policymakers to use more stimulus to revive sluggish demand. Momentum in China's post-pandemic economic recovery has slowed from a brisk pickup seen in the first quarter amid faltering manufacturing and lacklustre consumer confidence. The producer price index (PPI) fell for a ninth consecutive month, down 5.4% from a year earlier, marking the steepest decline since December 2015.  ( 6 min )

Hong Kong shares of Alibaba Group were set to open up 5.5% on Monday after China fined its affiliate, Ant Group, $984 million for violating "laws and regulations", fuelling hopes that a years-long regulatory crackdown has come to an end. Alibaba's stock was set to open at HK$88.95. On Saturday, Ant Group announced a share buyback that values the fintech giant at $78.54 billion, well below the $315 billion touted in an abandoned IPO in 2020.  ( 6 min )

Oil prices dipped in early Asian trade on Monday as investors tread cautiously ahead of fresh economic data from top consumers the United States and China this week, while expected crude supply cuts from Saudi Arabia and Russia supported the market. Brent crude futures fell 22 cents, or 0.3%, to $78.25 a barrel by 0107 GMT, and U.S. West Texas Intermediate crude was at $73.57 a barrel, down 29 cents, or 0.4%. "Oil traders may be cautious ahead of the U.S. CPI and China's slew of economic data later this week," CMC Markets analyst Tina Teng said.  ( 7 min )

The dollar was on the back foot on Monday after a miss in U.S. jobs data scaled back market expectations on how much further the Federal Reserve would need to raise rates, while focus in the Asia day was on China's inflation data release. That sent the dollar tumbling nearly 1% against a basket of currencies on Friday while the yen and sterling surged. The Japanese yen last bought 142.30 per dollar in early Asia trade on Monday, having jumped 1.4% on Friday in the wake of the greenback's decline and a slump in U.S. Treasury yields.  ( 7 min )

An increasing number of countries are repatriating gold reserves as protection against the sort of sanctions imposed by the West on Russia, according to an Invesco survey of central bank and sovereign wealth funds published on Monday. The financial market rout last year caused widespread losses for sovereign money managers who are "fundamentally" rethinking their strategies on the belief that higher inflation and geopolitical tensions are here to stay. Over 85% of the 85 sovereign wealth funds and 57 central banks that took part in the annual Invesco Global Sovereign Asset Management Study believe that inflation will now be higher in the coming decade than in the last.  ( 8 min )

(Bloomberg) -- There's more pain on the way for the S&P 500 as profit warnings and fears of higher interest rates combine to threaten the key US stock indicator, according to the latest Markets Live Pulse survey.Most Read from BloombergYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetChina’s Flood of Plastic, Yellen Departs: Sunday Asia BriefingWall Street Soot  ( 8 min )

Cash credit typically requires collateral, while overdrafts allow account holders to have a negative balance without incurring an overdraft fee.  ( 26 min )

Learn the difference between the Fortune 500 and S&P 500, and how each of these prestigious rosters of U.S. companies are compiled.  ( 22 min )

If you’re buying sole proprietor business insurance, you’ll need a policy that works for your situation. Learn how to buy the best sole proprietor business insurance.  ( 20 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )

The average cost of cancel for any reason (CFAR) travel insurance varies based on your age and trip cost. Policies from eight top CFAR insurers cost an average of $223.  ( 21 min )

Shares of Novavax soared over 29% after the Canadian government agreed to pay the biotech firm almost $350 million for canceling delivery of some COVID-19 vaccines previously ordered.  ( 16 min )

Income from continuing operations is a net income category found on the income statement that accounts for a company’s regular business activities.  ( 19 min )

Dow Jones gained 175 points though Microsoft, Apple plunged.  ( 17 min )

George Soros pocketed $1 billion by betting against the British pound in 1992, cementing his reputation as the premier currency speculator in the world.  ( 26 min )

Vancouver Stock Exchange (VAN) .V was a stock exchange formerly located in Vancouver, now part of the TSX Venture Exchange.  ( 18 min )

FMC shares dropped more than 11% on Monday after revising its quarterly and yearly revenue outlook due to low inventory pressures from channel partners.  ( 18 min )

American consumers expect short-term inflation will continue to ease to its lowest level in more than two years, according to the New York Fed's latest survey.  ( 17 min )

Investment management refers to the handling of financial assets and other investments by professionals for clients, usually by devising strategies and executing trades within a portfolio.  ( 25 min )

Carvana shares jumped over 14% in intraday trading on Monday after the online used car dealer said sales of electric vehicles (EV) have skyrocketed.  ( 16 min )

Learn to add structure to your trading methods with these six important steps.  ( 23 min )

Personal loan rates dropped significantly this week to 20.72%, losing 66 basis points since last week when the average personal loan rate sat at 21.38%.  ( 18 min )

Capital recovery refers to the earning back of the initial funds put into an investment that a company must accrue before it can earn a profit on its investment.  ( 18 min )

The Nasdaq Composite Index is a broad-based market index that includes more than 3,700 stocks listed on the Nasdaq stock exchange.  ( 22 min )

With overdraft protection, checks and other debit transactions still clear when there are insufficient funds, but this service comes at a price.  ( 24 min )

Analysts positive on Taiwan Semiconductor Manufacturing Co. despite revenue drop, thanks to role in AI and Apple ties.  ( 17 min )

Home prices rose to a record in May, according to Black Knight’s Home Price Index (HPI), suggesting the pullback in prices that began last summer has all but fully reversed.  ( 18 min )

Icahn Enterprises shares soared about 20% in trading on Monday after Carl Icahn and banks amended agreements that untie his personal loans from Icahn Enterprises L.P.'s stock price.  ( 16 min )

Money market accounts and money market funds are relatively safe, but only one type is insured by the FDIC. Learn more about these investments.  ( 22 min )

E-commerce giant Amazon is expected to sell $12 billion worth of merchandise during its Prime Day event, helped by discounts and improved logistics, Bank of America analysts wrote.  ( 17 min )

U.S. equities were mixed at midday on Monday, July 10, 2023 with second quarter earnings season set to start.  ( 16 min )

Up to 93% of the world’s central banks are experimenting with some form of digital currency (CBDC), with two dozen expected to have one circulating by the end of the decade.  ( 19 min )

After surging last week, rates on 30-year mortgages have eased slightly lower. But the average still sits near a 20-year high. Most other averages moved down as well.  ( 19 min )

Helen of Troy shares jumped over 15% in early trading on Monday after reporting first quarter earnings and revenue that exceeded analyst estimates, despite a decline in demand as consumer buying patterns shifted.  ( 16 min )

The bankrupt former owner of the defunct Silicon Valley Bank, sued the Federal Deposit Insurance Corporation, accusing the regulator of illegally holding on to funds that it seized when SVB imploded in March.  ( 17 min )

Dr. Preston Cherry joins The Express to talk about how financial therapy can help us break through our emotional barriers that prevent us from making the right investing, saving and planning decisions at any age.  ( 18 min )

Learn about the mechanics of S&P 500 futures contracts, a type of stock index future introduced by the Chicago Mercantile Exchange.  ( 24 min )

The Dow Jones Industrial Average and Standard & Poor's 500 Index both capture the performance of the markets, but their methodology differs.  ( 22 min )

American depositary receipts of Nanobiotix jumped over 50% in early trading on Monday after signing an agreement with J&J's Janssen Pharmaceutical to work on co-developing a drug to treat head and neck cancer tumors.  ( 18 min )

The Nasdaq 100 Index includes companies from various sectors except for companies in the financial sector. Discover more about the Nasdaq 100.  ( 21 min )

TPG plans to buy Forcepoint's Global Governments and Critical Infrastructure Business unit for $2.45 billion.  ( 17 min )

The S&P 500 and Russell 2000 are used as benchmarks for broader segments of the U.S. stock market. Each index has its own approach to measuring stocks.  ( 23 min )

A futures contract is a standardized agreement to buy or sell the underlying commodity or other asset at a specific price at a future date.  ( 29 min )

Fed speakers are set to give their views on recent economic data and shares of electric vehicle maker Fisker fell after announcing a convertible debt plan. Here’s what investors need to know today.  ( 19 min )

Carvana shares jumped over 14% in intraday trading on Monday after the online used car dealer said sales of electric vehicles (EV) have skyrocketed.  ( 1 min )

Shares of Novavax soared over 29% after the Canadian government agreed to pay the biotech firm almost $350 million for canceling delivery of some COVID-19 vaccines previously ordered.  ( 1 min )

Icahn Enterprises shares soared about 20% in trading on Monday after Carl Icahn and banks amended agreements that untie his personal loans from Icahn Enterprises L.P.'s stock price.  ( 1 min )

E-commerce giant Amazon is expected to sell $12 billion worth of merchandise during its Prime Day event, helped by discounts and improved logistics, Bank of America analysts wrote.  ( 1 min )

American depositary receipts of Nanobiotix jumped over 50% in early trading on Monday after signing an agreement with J&J's Janssen Pharmaceutical to work on co-developing a drug to treat head and neck cancer tumors.  ( 1 min )

The bankrupt former owner of the defunct Silicon Valley Bank, sued the Federal Deposit Insurance Corporation, accusing the regulator of illegally holding on to funds that it seized when SVB imploded in March.  ( 1 min )

Dow Jones gained 175 points though Microsoft, Apple plunged.  ( 1 min )

U.S. equities were mixed at midday on Monday, July 10, 2023 with second quarter earnings season set to start.  ( 1 min )

Fed speakers are set to give their views on recent economic data and shares of electric vehicle maker Fisker fell after announcing a convertible debt plan. Here’s what investors need to know today.  ( 1 min )

Starters konden in het afgelopen half jaar meer huizen kopen dan in dezelfde periode vorig jaar. Dit kwam door lagere prijzen, hogere inkomens en ruimere leennormen. Toch blijft hun positie moeilijk, met name voor alleenstaanden.  ( 5 min )

Werkende vrouwen die een relatie hebben met een andere werkende, zorgen gemiddeld voor 37 procent van het gezamenlijke inkomen. Ongeacht de levensfase met of zonder kinderen verdienen mannen gemiddeld meer dan de helft, ziet statistiekbureau CBS.  ( 4 min )

De inflatie in China is in juni gezakt naar 0 procent. Dat kwam voornamelijk doordat er minder vraag is naar Chinese producten vanuit zowel binnen- als buitenland. Daardoor daalden de producentenprijzen en was de inflatie beperkt.  ( 3 min )

Het aantal gebruikers van het nieuwe sociale medium Threads is, bijna een week na de lancering, gestegen tot meer dan 100 miljoen. Dat heeft onderzoeksbureau Quiver Quantitative uitgerekend. Mark Zuckerberg, eigenaar van Threads en Facebook, heeft dat aantal inmiddels bevestigd.  ( 4 min )

De inflatie in Egypte lag in juni 35,7 procent hoger dan een jaar eerder. Dat is de grootste stijging die het land ooit heeft gezien. De Egyptische pond heeft inmiddels de helft van zijn waarde verloren in anderhalf jaar tijd.  ( 3 min )

De Nederlandse Aardoliemaatschappij (NAM) heeft met 2,4 miljard euro een ongekend hoge winst behaald in 2022. Dat kwam doordat het gas duurder was. De gasproductie nam juist met 23 procent af.  ( 4 min )

Mensen met zonnepanelen kunnen vaak hun opgewekte zonnestroom niet kwijt. Liander ontving dit jaar 3400 meldingen van klanten die hun zonnestroom niet konden terugleveren.  ( 3 min )

De Consumentenbond ergert zich aan winkels die adviesprijzen gebruiken om klanten te lokken met nepkortingen. Het geeft de klant het gevoel iets te kopen met korting, maar dat valt in werkelijkheid nogal eens tegen.  ( 4 min )

Banken en andere verstrekkers verhogen deze week hun hypotheekrentes. Daarbij kunnen de tarieven oplopen met 0,15 of zelfs 0,20 procentpunt. Dat melden adviesbureaus Van Bruggen en De Hypotheekshop.  ( 3 min )

De inflatie in China is in juni gezakt naar nul procent. Dat kwam voornamelijk doordat er minder vraag is naar Chinese producten vanuit zowel binnen- als buitenland. Daardoor daalden de prijzen en dus de inflatie.  ( 3 min )

De Amerikaanse komiek Sarah Silverman en twee auteurs beschuldigen Facebook-moederbedrijf Meta en ChatGPT-ontwikkelaar OpenAI van auteursrechtschending. Volgens de schrijvers hebben de techbedrijven hun kunstmatige intelligentie zonder toestemming getraind met hun boeken.  ( 4 min )

Er werd 9,2 procent minder geproduceerd in de Nederlandse industrie dan een jaar eerder. Industriebedrijven laten al vijf maanden op rij een krimp zien.  ( 3 min )

Nederland heeft er de afgelopen jaren veel grote zonne- en windparken op land bij gekregen, maar het is de vraag of die trend doorzet. Volgens demissionair klimaatminister Rob Jetten is dat wel nodig, maar sommige provincies zien het niet zitten.  ( 5 min )

Steeds meer werknemers zijn langdurig uitgeschakeld vanwege stress- en burn-outklachten. Vooral het gestegen verzuim onder jongeren is zorgelijk. Veel bedrijven zijn nog altijd niet bereid of in staat de werkdruk te verlagen en uitval te voorkomen.  ( 6 min )

Thailand's Siam Motors partnered with Nissan Motors in 1962 with a factory that rolled out four cars a day, leading to a profitable, decades-long relationship with Japanese companies that transformed it from a car dealer to an automotive pioneer. Siam Motors is in talks with several Chinese automakers about potential partnerships, particularly for high-end electric vehicles, vice president Sebastien Dupuy said in an interview, referring to previously unreported discussions. "EVs will be a nice pocket of growth," he said.  ( 9 min )

On Wednesday, the Bureau of Labor Statistics will report the consumer price index for June and the Fed will release its Beige Book of economic conditions.  ( 26 min )

Judge dismissed a lawsuit brought by three survivors of the 1921 attack.  ( 26 min )

It hasn’t gone unnoticed that the market’s strong performance this year has been led by the mega-caps, with the tech giants largely responsible for the surge in the S&P 500 and NASDAQ. This has led many commentators to issue warnings about the lack of market breadth driving the gains, with many believing it indicates that the market is a lot more fragile than it looks. However, that is not the case at all, according to billionaire Ken Fisher, who thinks that “bad breadth” is a bullish indicator.  ( 11 min )

A clutch of key economic data releases showing whether China is starting to emerge from its post-lockdown funk, and monetary policy decisions - and more importantly, guidance - from New Zealand and South Korea will be the main regional drivers for Asian markets this week. Asian markets, however, continue to underperform. The MSCI World index is up 11% year to date.  ( 7 min )

Morningstar expects mortgage rates to plunge to 4.00% by 2025.  ( 7 min )

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Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Reporter Rebecca Bellan is back in the driver's seat the next couple of weeks as I stash my laptop and head out for some adventures (planes, ferries and bikes included). India has been leading the shift to electric two-wheelers, but the rollback of a popular government incentive has caused sales to nosedive, Jagmeet Singh reports. In May, the Indian government revised its incentive scheme, reducing subsidies from $183 per kWh (up to 40% of the vehicle price) to $122 per kWh of battery capacity (up to 15% of vehicle price).  ( 10 min )

(Bloomberg) -- Tucked away in hours of congressional testimony by Federal Reserve Chair Jerome Powell last month was an admission that the central bank was blindsided by the impact of shrinking its balance sheet four years ago.Most Read from BloombergYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionChina’s Flood of Plastic, Yellen Departs: Sunday Asia BriefingWall Street Soothsayers Are Bewildered About What’s NextKremlin  ( 10 min )

Second-quarter earnings season begins with results from JPMorgan, Citigroup, and Wells Fargo. Plus, June CPI and PPI inflation data and consumer and small business sentiment surveys.  ( 26 min )

A group of scientists from the University of Bath have developed a process for converting turpentine, a paper industry waste product, into chemical precursors used in making pharmaceutical drugs.  ( 6 min )

Many Wall Street economists have spent most of the past year warning that a recession was around the corner, and now they’re either retracting their calls or arguing the risks are fading.  ( 13 min )

Many Wall Street economists have spent most of the past year warning that a recession was around the corner, and now they’re either retracting their calls or arguing the risks are fading.  ( 13 min )

California-based Fisker is finally putting its first cars into the hands of U.S. customers, 2½ years after going public amid a frenzy on Wall Street for electric-vehicle makers.  ( 25 min )

The impact of rising interest rates will be in focus in the week ahead as investors await updates on inflation and the health of the banking sector.  ( 10 min )

Quarterly Monitor: Funds notched a 6.3% advance for the second quarter in a top-heavy market.  ( 26 min )

A potential levy on imported steel in food cans would help protect steelworkers but could lead to yet more price increases at the supermarket.  ( 27 min )

Energy stocks ended the week on a positive note, with the energy sector ETF, the XLE, closing out Friday’s trading up by over 2%, its largest one-day uptick in a month. In recent times there have been uncertainties regarding global demand, but there may be reason to believe that the oil market is starting to show signs of tightening. Shares of energy firms pushed higher in the session, but the question is, which stocks are set for further gains? A dive into the data will help us sort out the mos  ( 11 min )

(Bloomberg) -- Wall Street strategists are increasingly voicing concerns about the concentration of Big Tech stocks in this year’s stock-market rally. But if history is any guide, there’s little reason to fear.Most Read from BloombergYellen Says US-China Ties on ‘Surer Footing’ After Her VisitWall Street Soothsayers Are Bewildered About What’s NextKremlin Says Turkey’s Return of Azov Defenders Violates AccordChina’s Flood of Plastic, Yellen Departs: Sunday Asia BriefingJack Ma’s Clash With Beiji  ( 9 min )

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Even investors who understand that the stock market is volatile did not feel good about the losses stocks posted during 2022. The Standard & Poor's 500 Index dropped by nearly 20% and the average workplace retirement plan balance fell from … Continue reading → The post Here's How Much the Average Person Lost in Retirement Savings in 2022. How Do You Compare? appeared first on SmartAsset Blog.  ( 7 min )

To do retirement right you need a disciplined savings plan, a good understanding of Social Security, a sound investment strategy and a vision of retirement that provides for adequate self-fulfillment without overspending your fixed-income budget. Behind those simple principles lies … Continue reading → The post The Five Worst Retirement Mistakes to Avoid at All Costs appeared first on SmartAsset Blog.  ( 9 min )

Charlotte Bamber admitted to wire fraud and commodity price manipulation while trading oil products for Trafigura Group.  ( 7 min )

Navigating income taxes during retirement can be complex and your golden years are a time to relax and enjoy your hard-earned cash. Your IRAs, pensions, taxable accounts and Social Security distributions create various tax implications. So, it's vital to understand … Continue reading → The post Federal Tax Rates for Different Types of Retirement Income appeared first on SmartAsset Blog.  ( 10 min )

Britain’s ageing population poses a long-term threat to the economy and will affect interest rates for decades to come, Andrew Bailey has said.  ( 7 min )

Amazon's Prime Day brings discounts and deals for its members, but the sales event hasn't historically been a boost to the share price.  ( 19 min )

Young Americans, in particular, don’t know much about handling money. But they can fill the knowledge gap by reading these books.  ( 25 min )

Gen Z is investing younger than past generations with more than half owning investments. But what are the best stock picks to buy for the youth generation?  ( 9 min )

Learn exactly what the S&P 500 measures and why it's used by market participants as a tool to understand the broader stock market.  ( 23 min )

(Bloomberg) -- Investors who stuck with bonds from countries that defaulted or are on the brink are betting the double-digit returns they’ve posted over the past month are just the start of a rally.Most Read from BloombergYellen Says US-China Ties on ‘Surer Footing’ After Her VisitWall Street Soothsayers Are Bewildered About What’s NextKremlin Says Turkey’s Return of Azov Defenders Violates AccordChina’s Flood of Plastic, Yellen Departs: Sunday Asia BriefingYellen Had Candid Five-Hour Meeting Wi  ( 9 min )

The supreme court says businesses are free to refuse service on the basis of belief, but that doesn’t mean we should  ( 7 min )

Analysts expect S&P 500 companies to report their third consecutive quarter of declining profits.  ( 25 min )

A sharp rebound in U.S. Treasury yields is reviving old concerns on Wall Street.  ( 25 min )

Analysts warn that FedNow could upend lenders’ business models.  ( 26 min )

AIX-EN-PROVENCE, France (Reuters) - France's central bank head Francois Villeroy de Galhau pushed back on Sunday against a suggestion from some French economists to raise the European Central Bank's (ECB) 2% inflation target. Villeroy, who sits on the ECB's governing council, also said that its interest rate hikes were close to topping out and that rates would be kept at elevated levels long enough for the impact to feed through the economy. The aim is to bring inflation down to the 2% target by 2025, Villeroy said at an economics conference in the southern French city of Aix-en-Province.  ( 6 min )

By Louis Juricic and Sarina Isaacs  ( 9 min )

KPMG is giving extra training to its graduate recruits and hauling them into the office more regularly amid concerns that lockdown damaged Gen Z’s development and confidence.  ( 6 min )

Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: EV delivery numbers from Tesla, Ford, and more; GM apprehensive on EPA's emissions crunch; and a lawsuit against Rivian.  ( 9 min )

(Bloomberg) -- Billionaire Mukesh Ambani’s soon to be spun out financial services unit recommended his daughter Isha Ambani as a non-executive director of the board, underscoring the latest succession planning within his retail-to-refining empire.Most Read from BloombergJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitMove Over Dubai. This Tiny Emirate Wants to  ( 6 min )

In the aftermath of the financial crisis, Threadneedle Street slashed borrowing costs to 300-year lows – knocking five percentage points off interest rates in the space of just a year.  ( 9 min )

Jeremy Hunt will vow to axe nearly 100 pieces of “unnecessary, outdated and protectionist” EU legislation this week in a bid to turbocharge Britain’s financial services industry after Brexit.  ( 8 min )

Stretched mortgage borrowers are racing to take in lodgers in an attempt to help cover their bills.  ( 6 min )

(Bloomberg) -- Saudi Arabia’s decision to extend its oil production cuts — part of a so far largely unsuccessful bid to raise prices — may trigger an economic contraction in what was the Group of 20’s fastest-growing country last year.Most Read from BloombergWall Street Soothsayers Are Bewildered About What’s NextYellen Had Candid Five-Hour Meeting With China’s He, US SaysMacron Is Trying to Get Back on the Right Side of History — and NATOCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish  ( 8 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

There are some positive signs that the freight market has cleared most of the post-pandemic rubble, but full recovery is still a ways off. The post Has the freight bubble burst? appeared first on FreightWaves.  ( 8 min )

While some Asia nations, such as Singapore and Thailand, seem to be following the U.S. Securities and Exchange Commission (SEC) in frowning upon certain products offered by exchanges, the approach in Asia so far seems to be clarity instead of court battles, in contrast with North America  ( 9 min )

(Bloomberg) -- Once touted as a key driver of global oil profits, the plastics industry is staring down years of anemic margins as giant plants in China look set to send a deluge of production into the market. Most Read from BloombergWall Street Soothsayers Are Bewildered About What’s NextAnt to Buy Back Shares at 70% Lower Valuation Than at IPOCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupMacron Is Trying to Get Back on the Right Side of History — and NATOYellen Had Candid Fiv  ( 8 min )

Employers can offer 401(k) matching for student loan payments, making it easier for employees with student loan payments to begin saving for retirement.  ( 20 min )

Understanding the basics of corporate bonds can increase your chances of positive returns and earning a profit on your investment.  ( 22 min )

Futures as an investment asset are not inherently riskier than other investment assets, such as equities or currencies.  ( 22 min )

Learn how poor company or sector performance, economic turmoil, and inflation can all cause the rate of return on investment to be negative.  ( 19 min )

Learn about the difference between capital gains and other types of investment income, such as dividends paid on stock or interest earned on a loan.  ( 19 min )

Understanding company valuation figures, such as shareholders' equity, is crucial in assessing a business.  ( 18 min )

The Federal Reserve System, commonly known as the Fed, is the central bank of the U.S., which regulates the U.S. monetary and financial system.  ( 27 min )

Student loan forgiveness programs can provide financial relief for teachers who took out education debt to pay for college.  ( 24 min )

The real economic growth rate is a measure of economic growth that adjusts for inflation and is expressed as a percentage.  ( 24 min )

The investing world loves to talk about fundamentals, but what do they mean? And how can you use them to help you make the right investing decisions?  ( 24 min )

The Greenberg School of Risk Management is an American college at St. John's focused on the actuarial sciences and other topics related to the insurance industry.  ( 22 min )

Michael L. Eskew was the Chair of the Board and CEO of United Parcel Service, Inc. (UPS) from 2002 to 2007.  ( 22 min )

Crypto regulatory sandboxes now support blockchain and cryptocurrency offerings to ensure adherence to regulations and security checks  ( 21 min )

Blitzkrieg? Scorched Earth? Dawn raids? Sounds like the markets and the battlefield have a few things in common.  ( 22 min )

Climate finance is a broad term relating to the role of finance in facilitating international responses to climate change.  ( 23 min )

U.S. Treasury Secretary Janet Yellen says her first trip to China in her current role marked a "step forward" in improving U.S.-China relations  ( 18 min )

The FATCA (Foreign Account Tax Compliance Act) compels U.S. citizens at home and abroad to file annual reports on their foreign account holdings.  ( 27 min )

Return on policyholder surplus is the ratio of an insurance company’s net income to its policyholder surplus.  ( 19 min )

Cheap options can be very risky, but you can reduce your risk by avoiding these 7 common mistakes when trading in cheap options.  ( 21 min )

If you are traveling in the U.S. and plan to go to Walmart, make sure your credit card is issued by American Express, Discover, Visa, or Mastercard.  ( 19 min )

How to pay your rent, mortgage, insurance, utilities, and other important bills if you are short on cash due to various circumstances.  ( 26 min )

The Dow Jones Industrial Average (DJIA) yield is the aggregate dividend yield on the 30 stocks that make up the Dow Jones Industrial Average.  ( 23 min )

The value of the S&P 500 Index is constantly changing. Learn how the S&P 500 is calculated using a free-float market capitalization-weighted methodology.  ( 22 min )

The S&P 500 Buyback Index tracks those stocks in the S&P 500 that have the largest annual share buyback ratios.  ( 21 min )

Amazon's Prime Day brings discounts and deals for its members, but the sales event hasn't historically been a boost to the share price.  ( 18 min )

Learn exactly what the S&P 500 measures and why it's used by market participants as a tool to understand the broader stock market.  ( 23 min )

Here is how the seasons of the year impact the housing market.  ( 22 min )

Electronics are the top choice for most Prime Day shoppers, with back-to-school items also popular for the summer sales event  ( 17 min )

The mortgage rate and the price of a home can make a big difference in monthly payments, your ability to move, and homeowners’ association fees if they're charged.  ( 24 min )

Learn about dividend payments and the S&P 500 index. Find out why the yield has trended lower over time due to changes in the economic environment.  ( 24 min )

Amazon's Prime Day brings discounts and deals for its members, but the sales event hasn't historically been a boost to the share price.  ( 1 min )

De EU en Nieuw-Zeeland hebben een akkoord ondertekend over een vrijhandelsverdrag. Ze beloven daarin importheffingen op veel van elkaars producten te verlagen. Volgens Europese Commissie-voorzitter Ursula von der Leyen zorgen de afspraken voor 30 procent meer handel met Nieuw-Zeeland.  ( 3 min )

Europese aluminiumbedrijven waarschuwen dat er manieren zijn om de CO2-belasting aan de Europese grens te omzeilen. Zij vrezen dat er daardoor nog steeds vies aluminium goedkoop de Europese markt op komt en oneerlijke concurrentie vormt voor hun 'schonere' aluminium.  ( 5 min )

De Franse regering is "erg hoopvol" over een mogelijke investering van autofabrikant Tesla in het land. Dat zei minister Bruno Le Maire van Economische Zaken over een bezoek van Tesla-topman Elon Musk aan Frankrijk vorige maand.  ( 3 min )

De rentetarieven van de Europese Centrale Bank (ECB) zullen een tijdlang hoog blijven nadat de periode van renteverhogingen voorbij is. Dat is nodig om de inflatie omlaag te krijgen, zei ECB-bestuurslid François Villeroy de Galhau.  ( 4 min )

Ga je deze zomer op vakantie en wil je internetten op je telefoon? Probeer dan de verleiding te weerstaan door niet met het eerste de beste vrij toegankelijke wifinetwerk verbinding te maken.  ( 3 min )

Reizigers naar Italië dreigen komende week te maken te krijgen met stakingen. Vakbonden hebben acties op het spoor aangekondigd die waarschijnlijk een groot deel van het treinverkeer stilleggen, melden Italiaanse media.  ( 3 min )

Als ploegleider van een professionele wielerploeg run je een bedrijf. Als het om ploegen gaat die meedoen aan de wedstrijd der wedstrijden, heb je het al gauw over een miljoenenbedrijf.  ( 6 min )

Boodschappen zijn de laatste jaren duurder geworden. Maar stijgen de prijzen in de supermarkt nog door in 2023? Boter, melk en eieren zijn in prijs gedaald. Tegelijkertijd ben je veel meer kwijt aan uien en zoetigheden, blijkt uit een analyse van NU.nl.  ( 6 min )

Despite weak global demand and depressed prices, China's imports of liquefied natural gas (LNG) hit a five-month high in June, even as Europe's much-anticipated buying frenzy failed to materialize.  ( 8 min )

(Bloomberg) -- The corporate bond market seems surprisingly blase about the risk of an economic downturn now. Most Read from BloombergAnt to Buy Back Shares at 70% Lower Valuation Than at IPOCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupYellen Had Candid Five-Hour Meeting With China’s He, US SaysStock Market Short Sellers That Helped Fuel This Year’s Rally Are Finally Giving UpMacron Is Trying to Get Back on the Right Side of History — and NATOUS job growth is slowing and consu  ( 9 min )

(Bloomberg) -- Inflation in the US likely continued to soften in June but a key measure of underlying price pressures is still running at an uncomfortable pace that keeps the Federal Reserve tilted toward resuming interest-rate hikes this month.Most Read from BloombergWall Street Soothsayers Are Bewildered About What’s NextYellen Had Candid Five-Hour Meeting With China’s He, US SaysCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupAnt to Buy Back Shares at 70% Lower Valuation Than  ( 10 min )

(Bloomberg) -- The bond-market selloff that sent some yields to the highest levels in more than a decade this week leaves investors straining to see past the Federal Reserve’s next move in July.Most Read from BloombergAnt to Buy Back Shares at 70% Lower Valuation Than at IPOCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupYellen Had Candid Five-Hour Meeting With China’s He, US SaysStock Market Short Sellers That Helped Fuel This Year’s Rally Are Finally Giving UpMacron Is Trying t  ( 8 min )

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(Bloomberg) -- Worried that the dreaded inversion of the Treasury yield curve will lay out traps for your bond portfolio in the coming months? Perhaps worry less. Most Read from BloombergWall Street Soothsayers Are Bewildered About What’s NextYellen Says US-China Ties on ‘Surer Footing’ After TripKremlin Says Turkey’s Return of Azov Defenders Violates AccordYellen Had Candid Five-Hour Meeting With China’s He, US SaysCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupSo say quant res  ( 8 min )

AIX-EN-PROVENCE, France (Reuters) - A "Chinese storm" is looming over Europe's growing electric vehicle (EV) sector, Renault Chairman Jean-Dominique Senard told Reuters on Saturday, as Asia's superpower dominates key raw materials to make batteries for zero emission cars. China's recent decision to restrict exports of two metals - gallium and germanium - used in semiconductors and EVs should raise red flags for European leaders as it shows the continent's over-reliance on China and the need to build a costly supply chain, Senard said in an interview. "When I talk about a Chinese storm, I'm talking about the strong pressure today related to Chinese (electric) vehicle imports into Europe," Senard said.  ( 6 min )

An initial investment of $20 and a monthly contribution of $40, investors could make more than $38,000 in 30 years, assuming a 6% rate of return with 3% variance.  ( 8 min )

The Internal Revenue Service said it is holding about $1.5 billion in unclaimed tax refunds for the 2019 tax year.  ( 7 min )

(Bloomberg) -- Up and down Wall Street, forecasters were caught flat-footed by how the first half of 2023 unfolded in financial markets. That seems to have rattled their faith in what the winning playbook for the rest of it should be. Heading into the year, a handful of predictions dominated strategists’ annual outlooks. A global recession was imminent. Bonds would trounce stocks as equities re-tested bear-market lows. Central banks would soon be able to stop the aggressive rate hikes that made  ( 10 min )

Forget BYD: Geely is the Chinese car company Americans will see most of in the coming years, through brands such as Volvo, Polestar, Lotus and Zeekr.  ( 26 min )

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Workers making less than $50,000 were almost twice as likely to believe than can get a raise than they were two months ago.  ( 18 min )

Real estate can be a great addition to your portfolio if you're hoping to diversify and create passive income. And investment property loans can make it easier to purchase property if you're interested in owning real estate directly. However, qualifying … Continue reading → The post What Is an Investment Property Loan? appeared first on SmartAsset Blog.  ( 10 min )

You can produce $500 a month in passive income through savings accounts, certificates of deposit, stocks, bonds, funds and other investment vehicles. Each offers varying rates of return, degrees of safety, convenience, and liquidity. And each requires a significant initial … Continue reading → The post How to Make $500 a Month in Passive Income appeared first on SmartAsset Blog.  ( 8 min )

If someone leaves you money in their will but you don't want to wait until probate ends to claim it, you might consider getting an inheritance advance. An advance against an inheritance allows you to collect money that's set to … Continue reading → The post How Much Does an Inheritance Advance Cost? appeared first on SmartAsset Blog.  ( 9 min )

If you're torn between getting a life insurance policy and investing in the stock market, an indexed universal life (IUL) policy can serve both purposes. This product provides a death benefit to your heirs and returns based on index fund … Continue reading → The post Indexed Universal Life (IUL) vs. Roth IRA appeared first on SmartAsset Blog.  ( 11 min )

Taking out a home equity loan could make sense if you need cash for home improvements, repairs or other expenses. You might be wondering if you can refinance home equity loan debt to get a lower interest rate or change … Continue reading → The post How to Refinance a Home Equity Loan appeared first on SmartAsset Blog.  ( 9 min )

How can I find a certified financial planner (CFP) who is not associated with a brokerage house? I want truly independent advice and not steered toward selling me securities. I especially want tax advice. Everyone I have called turned out … Continue reading → The post Ask an Advisor: ‘I Want Truly Independent Advice.' How Can I Find a CFP Who's Not Associated With a Brokerage House? appeared first on SmartAsset Blog.  ( 9 min )

I'm a 65-year-old preparing for retirement within the next three to five years. I'm looking at different types of retirement funds. Would adding stocks that are dividend-structured along with gold and cryptocurrencies be a good mixture? -Earl Shifting from building … Continue reading → The post Ask an Advisor: I'm 65 Years Old and Going to Retire Soon. How Should I Structure My Portfolio? appeared first on SmartAsset Blog.  ( 9 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

My investment accounts don't withhold taxes from my capital gains, which is causing me to owe large amounts when I file my returns. How can I mitigate this situation? -David As capital gains distributions are unpredictable and usually unknown until … Continue reading → The post Ask an Advisor: ‘How Can I Mitigate This Situation?' My Tax Bill Is Huge Because My Investment Accounts Don't Withhold Capital Gains appeared first on SmartAsset Blog.  ( 10 min )

Riding high after an “exceptional” 12 months for its consulting arm, partners at PwC UK last year took home a record seven-figure payout, while its rank-and-file staff were handed a 9pc pay bump before bonuses.  ( 8 min )

Private equity’s “extraordinary 40-year run is finished” as an era of cheap debt is replaced by higher interest rates, City figures have declared.  ( 10 min )

An Indian court rejected PepsiCo Inc's appeal against an order that revoked a patent for a potato variety grown exclusively for the New York-based company's popular Lay's potato chips. The Protection of Plant Varieties and Farmers' Rights (PPVFR) Authority in 2021 revoked intellectual protection granted to PepsiCo's FC5 potato variety, saying that India's rules do not allow a patent on seed varieties. The authority removed PepsiCo's patent cover after Kavitha Kuruganti, a farmers' rights activist, argued that the company cannot claim a patent over a seed variety.  ( 7 min )

The next meaningful moves could come soon, with significant consequences for producers' stocks, as several macroeconomic developments play out.  ( 30 min )

Costco memberships provide a huge source of the company’s revenue, which would otherwise have to come from higher product prices.  ( 26 min )

The China Association of Auto Manufacturers (CAAM), citing antitrust law, on Saturday retracted a pledge to avoid "abnormal pricing" made two days earlier by 16 automakers, including Tesla.. Thursday's CAAM-organised pledge by the companies, including Chinese electric vehicle (EV) makers Nio, Li Auto and Xpeng, had been interpreted by some as signalling a truce in a price war that has threatened industry-wide profitability. But Elon Musk's EV giant Tesla on Friday rolled out a global programme letting buyers get extra incentives through referrals from existing customers, a strategy long used by traditional automakers to boost sales.  ( 7 min )

The China Association of Auto Manufacturers (CAAM), citing antitrust law, on Saturday retracted a pledge to avoid "abnormal pricing" made two days earlier by 16 automakers, including Tesla.. Thursday's CAAM-organised pledge by the companies, including Chinese electric vehicle (EV) makers Nio, Li Auto and Xpeng, had been interpreted by some as signalling a truce in a price war that has threatened industry-wide profitability. But Elon Musk's EV giant Tesla on Friday rolled out a global programme letting buyers get extra incentives through referrals from existing customers, a strategy long used by traditional automakers to boost sales.  ( 6 min )

China’s Ant Gives Trapped Investors an Opportunity to Cash Out  ( 26 min )

(Bloomberg) -- Markets have turned against the UK for the second time in under a year as the outlook for inflation and growth darkens for an economy that’s already lagging behind the other Group of Seven nations.Most Read from BloombergCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupRussia Is Disregarding IAEA Advice to Power Down Ukraine ReactorApple Plans a Slow, Appointment-Only Rollout of Its $3,500 Vision ProSummers Warns on Inflation Complacency, Sees More Bond DeclinesUkra  ( 10 min )

Learn about the SPY ETF (SPDR S&P 500 ETF Trust), its characteristics, and the suitability of investing in the fund.  ( 24 min )

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Costs for meat, eggs and produce have been tamed, but inflation is running hot in grocery stores’ inner aisles, home to packaged food and household goods.  ( 22 min )

Founded in China as fast-fashion retailer, the company is now positioning itself as a marketplace for practically anything.  ( 21 min )

(Bloomberg) -- Jack Ma-backed Ant Group Co. is proposing to buy back as much as 7.6% of shares in an effort to retain talent and offer an exit for investors ensnared by a years-long regulatory crackdown at the company. Most Read from BloombergRussia Is Disregarding IAEA Advice to Power Down Ukraine ReactorApple Plans a Slow, Appointment-Only Rollout of Its $3,500 Vision ProCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupUkraine Has Caught Up With Russia’s Tank Numbers, Data Signa  ( 8 min )

Ant Group on Saturday announced a share repurchase plan that values the fintech giant at 567.1 billion yuan ($78.54 billion), as the management seeks to replenish its staff incentive pool and let some investors exit after regulators fined the firm. Ant said it had proposed to all of its shareholders to repurchase up to 7.6% of its equity interest at a price that represents a group valuation of approximately 567.1 billion yuan. Ant's major shareholders, Hangzhou Junhan Equity Investment Partnership and Hangzhou Junao Equity Investment Partnership, have voluntarily decided not to participate in the repurchase, the company added.  ( 6 min )

Southern California Edison and two other companies have paid $22 million to settle U.S. government claims that they caused a 2016 wildfire that burned thousands of acres of national forest, it was announced Friday. The money covers damage from the Rey Fire as well as the costs of fighting the blaze, which was sparked by a fallen Edison power line, the U.S. Department of Justice announced. The companies agreed to pay without admitting wrongdoing or fault, according to the DOJ.  ( 7 min )

"We strongly believe in the Rivian long-term story and view a number of positive catalysts ahead along with firming demand and production."  ( 8 min )

If tech disappoints, it’s look out below for the S&P 500. But if banks post robust results, it could be up, up, and away for bank stocks.  ( 26 min )

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Fastfoodketen McDonald's beperkt het gebruik van tomaten voor zijn producten in India vanwege grote tekorten. Bij de meeste vestigingen in het noorden en oosten van India worden tomaten zelfs helemaal niet meer gebruikt voor hamburgers en wraps.  ( 3 min )

Huizenkopers zijn alweer gewend aan de gestegen hypotheekrente. De dip op de huizenmarkt lijkt voorbij en de prijzen stijgen alweer. Ondertussen neemt het aantal mensen voor wie een eigen huis vrijwel onbereikbaar is niet af. Geldt dat voor jou? Dan zijn wij voor een artikel op zoek naar jou.  ( 2 min )

Huizenkopers zijn alweer gewend aan de gestegen hypotheekrente. De dip op de huizenmarkt lijkt voorbij en de prijzen stijgen alweer. Ondertussen neemt het aantal mensen voor wie een eigen huis vrijwel onbereikbaar is niet af. Geldt dat voor jou? Dan zijn wij voor een artikel op zoek naar jou.  ( 2 min )

De voorzitter van de Franse autofabrikant Renault maakt zich grote zorgen over het risico dat China de leveringen van zeldzame aardmetalen stopzet. Volgens Jean-Dominique Senard snapt Europa niet goed genoeg dat het om een belangrijke strategische zaak gaat.  ( 3 min )

Tesla was in de eerste helft van dit jaar opnieuw koploper op de Duitse markt voor volledig elektrisch aangedreven auto's. Dat meldt zakenkrant Handelsblatt op basis van cijfers van het Kraftfahrt-Bundesamt (KBA), de Duitse versie van de RDW.  ( 3 min )

McDonald's beperkt het gebruik van tomaten in India vanwege grote tekorten. Bij de meeste vestigingen in het noorden en oosten van het land worden tomaten zelfs helemaal niet meer gebruikt in hamburgers en wraps.  ( 3 min )

Eindelijk leek sparen weer meer op te leveren dan beleggen. 2022 was een rampjaar voor beleggers. Maar in de eerste helft van 2023 schoten de koersen omhoog. "Dat leerde ons de les stilzitten", zegt beleggingstrainer Hans Oudshoorn.  ( 7 min )

Jarenlang kwam je voor je internetaansluiting thuis vrijwel altijd uit bij KPN of Ziggo. Maar doordat de aanleg van glasvezelnetwerken in een stroomversnelling is gekomen, hebben we nu echt wat te kiezen, concludeert toezichthouder ACM.  ( 4 min )

Op scholen zijn telefoons vanaf volgend jaar niet meer welkom. Het ding leidt zó af dat schoolprestaties eronder lijden. "Leraren kunnen niet op tegen een miljardenindustrie die drááit om aandacht trekken", zegt onderzoeker Sjerp van der Ploeg.  ( 4 min )

Eindelijk leek sparen weer meer op te leveren dan beleggen. 2022 was een rampjaar voor beleggers. Maar in de eerste helft van 2023 schoten de koersen omhoog. "Dat leerde ons de les stilzitten", zegt beleggingstrainer Hans Oudshoorn.  ( 7 min )

De leveringsproblemen in verschillende sectoren in ons land zijn grotendeels voorbij. De bouw, techniek en auto- en fietsenbranche draaien inmiddels op volle kracht en hebben genoeg op voorraad.  ( 5 min )

The net interest rate spread is the difference between a financial institution's average yield from loans and other interest-accruing activities and the average rate it pays on deposits and borrowings.  ( 21 min )

A front month, which is also called a near or spot month, is the nearest expiration date for a futures or options contract.  ( 21 min )

The Gordon growth model, also known as the dividend discount model, is often applied in Microsoft Excel to determine the intrinsic value of a stock.  ( 19 min )

Workers making less than $50,000 were almost twice as likely to believe than can get a raise than they were two months ago.  ( 18 min )

The third richest person in the world in 2023, Jeff Bezos’ has over 10% of stake in Amazon, and owns The Washington Post, space exploration company Blue Origin, and invests in real estate and other companies.  ( 21 min )

Learn about the SPY ETF (SPDR S&P 500 ETF Trust), its characteristics, and the suitability of investing in the fund.  ( 24 min )

The Vanguard S&P 500 exchange-traded fund owns all 500 stocks within the S&P 500 index, offering investors a low-cost way to own U.S. equities.  ( 24 min )

Shares of First Solar and other solar power providers climbed in early trading on Friday after First Solar secured a five-year, $1 billion revolving credit facility.  ( 1 min )

As U.S. stock investors ponder what lies ahead in the rest of 2023, bulls have history on their side—but interest rates, possible recession remain key hurdles.  ( 1 min )

A spate of big-budget summer movies have already underperformed, and others are coming. Movie studios are concerned that in an age of streaming, moviegoers would rather stay at home to watch their summer fare.  ( 26 min )

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The attorneys general didn’t cite specific legal violations in their letter to the retailer.  ( 24 min )

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Letters to the editors of Barron’s about REITs, the federal deficit, weight-loss drugs, recession risks, Rockwell Automation, and more.  ( 26 min )

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(Bloomberg) -- Ashford Hospitality Trust Inc. expects to return 19 hotels to lenders in cities including Las Vegas and Atlanta, declining to pour more cash into the properties, which are part of a $982 million mortgage pool that missed a repayment deadline in June. Most Read from BloombergUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalApple Plans a Slow, Appointment-Only Rollout of Its $3,500 Vision ProRussia Is Disregarding IAEA Advice to Power Down Ukraine ReactorMusk Ultimatum t  ( 8 min )

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ADRs of Alibaba advanced 8% on Friday amid optimism that a nearly $1 billion fine by China on a related company could signal the end of a yearslong crackdown on Alibaba.  ( 18 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 20 min )

(Bloomberg) -- Elon Musk sued the law firm that led the court fight to make him complete his takeover of Twitter, saying it took advantage of the company while running up a $90 million bill.Most Read from BloombergCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupAnt to Buy Back Shares at 70% Lower Valuation Than at IPOStock Market Short Sellers That Helped Fuel This Year’s Rally Are Finally Giving UpSummers Warns on Inflation Complacency, Sees More Bond DeclinesPemex Platform Expl  ( 7 min )

Monmouth Capital Management allegedly racked up millions of dollars in commissions from client accounts, including some funded with payments received after the death of a service member.  ( 29 min )

Despite recent bullish economic data, Michael Gapen says he still expects a “mild recession” by the start of 2024.  ( 9 min )

If you’re considering opening a high-yield savings account, here's how to find the best savings account interest rates.  ( 9 min )

(Bloomberg) -- Investors are about to get a first look at what sell-side analysts have to say about Cava Group Inc. after the fast-casual restaurant chain delivered one of the biggest trading debuts in two years.Most Read from BloombergWall Street Soothsayers Are Bewildered About What’s NextAnt to Buy Back Shares at 70% Lower Valuation Than at IPOCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupMacron Is Trying to Get Back on the Right Side of History — and NATOYellen Had Candid F  ( 8 min )

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(Bloomberg) -- A worrisome thought for the stock faithful: You won’t have the bears to kick around anymore.Most Read from BloombergUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalApple Plans a Slow, Appointment-Only Rollout of Its $3,500 Vision ProMeta’s Threads App Draws Millions Seeking a Twitter AlternativeMusk Ultimatum to Taiwan Imperils Its Push to War-Proof InternetRussia Is Disregarding IAEA Advice to Power Down Ukraine ReactorFresh off the strongest first half for the S&P 5  ( 10 min )

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Stocks roses Friday as a weaker than expected June jobs report revealed a potential slowdown in the labor market.  ( 7 min )

Costco shares fell more than 2% on Friday after comparable store sales dropped in June as gas prices tumbled.  ( 18 min )

BlackRock CEO Larry Fink's change of heart on bitcoin could make it easier for fellow Wall Street executives to embrace cryptocurrencies, but experts warn that his favored financial instrument – the exchange-traded fund, or ETF – is an investment vehicle that's categorically different from the core idea behind digital assets, and could push the industry in the wrong direction.  ( 8 min )

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Bring up electric vehicles, or EVs, and you’re sure to hear a wide range of opinions. One thing is clear: the market for EVs is rapidly expanding. The tailwinds include both political and social pressures, but the industry itself is also driving the expansion. New models are coming out, battery technology – and vehicle range – are improving, and charging networks are expanding and growing more efficient. Every major economic and technological evolution opens up investment opportunities, and EV s  ( 11 min )

(Bloomberg) -- Costa Rica’s annual inflation rate turned negative in June after soaring to double digits last year, following a series of rate hikes, falling oil prices and a strong local currency.Most Read from BloombergCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupAnt to Buy Back Shares at 70% Lower Valuation Than at IPOSummers Warns on Inflation Complacency, Sees More Bond DeclinesRussia Is Disregarding IAEA Advice to Power Down Ukraine ReactorApple Plans a Slow, Appointment  ( 6 min )

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Nikola is still short of votes to double its outstanding shares, but Delaware’s governor can give the company what shareholders have not. The post Nikola still trying to raise share count but proxies may not be needed appeared first on FreightWaves.  ( 7 min )

Shares of the giant companies that help energy producers around the world find and extract oil and gas are leading the market higher with some of their big U.S. customers not far behind. Schlumberger and Halliburton, which frack wells in Texas and orchestrate deep ocean drilling projects, are up mo  ( 22 min )

The firm’s general counsel, chief strategy officer, chief business officer and a senior vice president for compliance departed in recent days amid the turmoil rattling the largest crypto exchange.  ( 29 min )

Shares of Rivian Automotive surged more than 15% on Friday, extending gains for the eighth consecutive session, after the electric vehicle (EV) maker reported better-than-expected quarterly deliveries. Rivian said on Monday it delivered 12,640 vehicles in the second quarter on steady demand from customers, beating market estimates. Multiple analysts have raised their price targets for Rivian's stock as the EV maker is seen as having overcome production and supply chain challenges that restricted deliveries.  ( 7 min )

Investors can earn more yield, potentially for a longer time, with these relatively low-risk income-producing options.  ( 27 min )

California franchisees say they will lose their independence if AB1228 becomes law, according to a new survey by the International Franchise Association.  ( 8 min )

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On Thursday, Ford Motor (NYSE: F) posted stellar second quarter results as it was boosted by its fleet and legacy truck units with the star of the show being U.S. trucks. It seems that after joining the EV King Tesla Inc (NASDAQ: TSLA) on the EV charging front, Ford is going straight towards its ambitious goals, however, its EV sales still remain small compared to its traditional automotive fleet and due to the work performed at its production facility, Ford lost its second place in EV sales for  ( 8 min )

The USD is still by far the world's most dominant currency, accounting for almost 90% of global foreign currency transactions.  ( 8 min )

The answer, as you might guess, has to do with Reddit and Ryan Cohen.  ( 6 min )

Rates on 30-year mortgages surged almost a third of a point, taking the flagship average well above its late May peak and establishing a new 20-year high.  ( 21 min )

While a double-digit dividend yield may appear enticing to income investors, it is crucial to exercise caution when approaching these ultra-high-yielding names. In a recent Lightning Round segment of CNBC's "Mad Money" program, a viewer asked host Jim Cramer about Annaly Capital Management Inc. (NYSE:NLY) — a mortgage real estate investment trust (mREIT) with an eye-popping yield. The company pays quarterly dividends of 65 cents per share, giving the stock an annual yield of 14%. But Cramer is n  ( 9 min )

(Bloomberg) -- Ukraine plans to nationalize Sense Bank, one of the country’s systemically important lenders, from its Russian owners as early as next week, according to a person familiar with the matter.Most Read from BloombergCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupAnt to Buy Back Shares at 70% Lower Valuation Than at IPOStock Market Short Sellers That Helped Fuel This Year’s Rally Are Finally Giving UpSummers Warns on Inflation Complacency, Sees More Bond DeclinesRussia  ( 7 min )

An increasing number of Saudi oil supertankers have been spotted idle off the coast of Egypt, raising concerns, with the most likely cause speculated to be a lack of storage.  ( 6 min )

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A Wall Street Journal analysis of Federal Reserve data reveals a concerning financial situation for people ages 30 to 39, which constitute the majority of the millennial generation. The demographic accumulated nearly $4 trillion in debt during the fourth quarter of 2022, reflecting a substantial $140 billion rise from the preceding quarter. The surge represents a 27% increase since late 2019, constituting the most significant upswing in debt accumulation since the 2008 financial crisis. Contrary  ( 8 min )

Losers among transportation startups are rapidly being defined, It will take longer to determine the winners. The post Carnage grows among transportation startups appeared first on FreightWaves.  ( 11 min )

Wedbush analyst Dan Ives boosts his price price target on Rivian to $30 from $25.  ( 26 min )

Mizuho analyst Vijay Rakesh increases his price target on Tesla to $300 from $230.  ( 26 min )

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The country's regulatory crackdown on its tech industry began with the scuttling of Ant's IPO in late 2020. An end to the saga bodes well for the entire sector.  ( 26 min )

(Bloomberg) -- The specter of recession looms as policymakers continue to grapple with inflation, but Delta Air Lines and PepsiCo seem to have found a sweet spot in consumer sentiment with their pricing power, set to be on display in next week’s earnings.Most Read from BloombergCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupAnt to Buy Back Shares at 70% Lower Valuation Than at IPOStock Market Short Sellers That Helped Fuel This Year’s Rally Are Finally Giving UpSummers Warns on  ( 9 min )

Ant Group, the financial-technology company associated with billionaire Jack Ma, was fined by China’s financial regulators, taking the company closer to the end of its business overhaul.  ( 26 min )

JPMorgan upgraded, Exxon downgraded: Wall Street's top analyst calls  ( 9 min )

Mizuho analyst Vijay Rakesh increases his price target on Tesla to $300 from $230.  ( 26 min )

Investor sentiment has been largely positive, driven by a notable gain of 15% for the S&P 500 so far this year. It’s a powerful turnaround from last year’s bear trends, and justifies an upbeat outlook – or does it? Watching the market situation for Goldman Sachs, chief US equity strategist David Kostin notes that the gains are resting on a narrow base, and that does not bode well. A look at the NASDAQ index backs up Kostin’s point. The tech-heavy index is up 31% this year, but its gains are rest  ( 10 min )

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As the economy teeters on the edge, experts and investors are closely analyzing various indicators to predict the possibility of an impending recession. Recent events, such as the surge in Google searches for the term "recession" and the inversion of Treasury yields, have raised concerns in financial circles. Inflation rates have surpassed the Federal Reserve's desired levels, prompting the central bank to tighten its monetary policy through interest rate hikes. The Fed also has cautioned about  ( 9 min )

If you're going to the bank for a loan, you might think it would be easier as a millionaire. However, when it comes to high-net-worth lending, more money can mean more problems if the individual doesn't have conventional income or … Continue reading → The post How Does High-Net-Worth Lending Work? appeared first on SmartAsset Blog.  ( 9 min )

It is possible to retire comfortably at 45 if you have $1.5 million. However, it's not guaranteed to work. And whether it will for you depends on a number of variables, only some of which you can control. Having to … Continue reading → The post Can I Retire Comfortably With $1.5 Million at 45? appeared first on SmartAsset Blog.  ( 8 min )

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DISH Network Corp (NASDAQ: DISH) Chair Charlie Ergen is weighing the merger of the two halves of his telecom empire, Dish and EchoStar Corp (NASDAQ: SATS). The companies have engaged advisors, Reuters cites familiar sources. In 2008, EchoStar Communications, which Ergen founded as a satellite television equipment distributor in 1980, changed its name to Dish Network and spun off its technology arm as a new company named EchoStar. Currently, Ergen is desperate to sell some of Dish's assets, tryin  ( 7 min )

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Opendoor is one of 52 women-led Fortune 500 companies.  ( 8 min )

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Beijing’s export restrictions on two minerals this week show it is willing to use its dominance to rock Western supply chains.  ( 28 min )

(Bloomberg) -- The biggest cocoa trade in more than a decade is rattling the London exchange, bringing back memories of when a hedge fund manager known as “Chocfinger” tried to corner the market.Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Stumble as Traders Turn to Payroll Data: Markets WrapBiden Set to Send Cluster Munitions to Ukraine Despite ConcernZuckerberg’s First Tweet in 11 Year  ( 7 min )

China's regulatory crackdown on its tech industry began with the scuttling of Ant's IPO in late 2020. An end to the Ant saga bodes well for the whole sector.  ( 26 min )

The world’s largest smartphone maker's second-quarter forecast suggests it continues to struggle with slow semiconductor demand, despite cutting production.  ( 26 min )

The California-based company produced 1,022 units of its Ocean SUV in the quarter ended June, lower than 1,400-1,700 vehicles it had projected. "A few suppliers had challenges ramping to the targeted 2Q levels, as they did not receive components from sub-suppliers in a timely manner," Fisker said in an exchange filing, adding that it expected to produce over 1,400 vehicles in early July. Fisker, which will report second-quarter earnings on August 4, produced 55 vehicles in the March quarter.  ( 6 min )

Speed lunches, savvy connections, and being 'really blunt' have made Matt Swain of Triago a top player in direct-transaction private investing.  ( 22 min )

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Stock futures slipped Friday as investors waited for the release of the monthly US jobs report to provide a steer to the Federal Reserve's next move on interest rates.  ( 7 min )

Asian equity markets largely fell on Friday, taking their cue from the stock selloff in the U.S. as jobs data reinforced expectations of the Federal Reserve hiking interest rates and caused bond yields to soar. Australia’s ASX 200 index led the fall, dropping 1.7%, followed by Japan’s Nikkei 225, w  ( 10 min )

An Alzheimer’s treatment developed by Biogen and partner Eisai gets full approval from the Food and Drug Administration, Levi Strauss cuts its revenue outlook for the fiscal year, and Costco's same-store sales decline.  ( 26 min )

Tesla and its Chinese competitors have been locked in a months-long price war in a brutal battle for market share.  ( 8 min )

Clearly, many investors lack faith in the U.S. consumer.  ( 9 min )

Subway's CEO led turnarounds at Burger King and Avis. He's going for a three-peat at the sandwich chain ahead of a private equity sale.  ( 10 min )

President Joe Biden on Friday rolled out a new set of initiatives to reduce health care costs: a crackdown on what he called “junk” insurance plans that play consumers as ‘suckers,' new guidance to prevent surprise medical bills and an effort to reduce medical debt tied to credit cards. Biden is building on previous initiatives to limit health care costs, with the Department of Health and Human Services releasing new estimates showing 18.7 million older adults and other Medicare beneficiaries will save an estimated $400 per year in prescription drug costs in 2025 because of the president placing a cap on out-of-pocket spending as part of last year's Inflation Reduction Act. Republican lawmakers have criticized Biden's policies by saying they have spurred higher prices that hurt the well-being of families.  ( 7 min )

(Bloomberg) -- Chinese authorities are facing pressure to back up their reassuring rhetoric on the economy with more substantive action.Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Stumble as Traders Turn to Payroll Data: Markets WrapBiden Set to Send Cluster Munitions to Ukraine Despite ConcernZuckerberg’s First Tweet in 11 Years Is Playful Jibe at MuskShares in China are headed for the  ( 8 min )

(Bloomberg) -- Samsung Electronics Co. reported its worst decline in quarterly revenue since at least 2009, stoking uncertainty over when a year-long electronics and memory chip demand slump will end.Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Stumble as Traders Turn to Payroll Data: Markets WrapBiden Set to Send Cluster Munitions to Ukraine Despite ConcernZuckerberg’s First Tweet in 11  ( 9 min )

(Bloomberg) -- EFishery, co-founded by a former resident of a poor Jakarta neighborhood, became a rare Indonesian unicorn after raising $200 million in fresh funding.Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Stumble as Traders Turn to Payroll Data: Markets WrapBiden Set to Send Cluster Munitions to Ukraine Despite ConcernZuckerberg’s First Tweet in 11 Years Is Playful Jibe at MuskThe  ( 7 min )

(Bloomberg) -- Alibaba Group Holding Ltd. shares jumped in Hong Kong trading after Reuters reported that China is likely to announce a fine of more than 8 billion yuan ($1.1 billion) on its fintech affiliate, drawing a line under the probe into the firm founded by Jack Ma. Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Stumble as Traders Turn to Payroll Data: Markets WrapBiden Set to Send  ( 9 min )

(Bloomberg) -- Shares fell across Asia on Friday after stronger-than-expected private hiring data in the US roiled equities on Wall Street and pushed up Treasury yields.Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Stumble as Traders Turn to Payroll Data: Markets WrapBiden Set to Send Cluster Munitions to Ukraine Despite ConcernZuckerberg’s First Tweet in 11 Years Is Playful Jibe at MuskA  ( 9 min )

(Bloomberg) -- The yen may fall through the more-than three-decade low it reached last year amid Japan’s widening monetary policy divergence with the US, according to Eisuke Sakakibara. Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Stumble as Traders Turn to Payroll Data: Markets WrapBiden Set to Send Cluster Munitions to Ukraine Despite ConcernZuckerberg’s First Tweet in 11 Years Is Play  ( 8 min )

Can the AI-driven rally in growth stock funds continue? Large-cap growth funds are already up 24% this year, but so are valuations.  ( 26 min )

Sitting in cash and short-dated bonds has been rewarding this year. Now it’s time to lock in better yields.  ( 27 min )

Walmart, the world’s biggest retailer, stumbled in the early innings of the e-commerce revolution. Now that it has found its footing, it’s poised for big profits.  ( 45 min )

Chinese authorities are likely to announce a fine of at least 8 billion yuan ($1.1 billion) on Ant Group as soon as Friday, sources with direct knowledge of the matter said, bringing an end to the fintech company's years-long regulatory overhaul. The People's Bank of China (PBOC), which has been driving the revamp at Ant after its $37 billion IPO was scuttled in late 2020, is expected to disclose the fine in the coming days, the sources told Reuters. The penalty, which would be one of the largest ever fines for an internet company in the country, will help pave the way for the fintech firm to secure a financial holding company license, seek growth, and eventually, revive its plans for a stock market debut.  ( 7 min )

U.S. petroleum production is on pace for a record-breaking year, helping to keep energy prices stable despite the efforts of Saudi Arabia and other major oil exporters to drive them higher.  ( 26 min )

Iran sold 1.6 million barrels of crude oil a day over the past two months, notching a five-year record.  ( 7 min )

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For the retail investor, insider trades are one of the best indicators of a stock’s potential future performance. The insiders, of course, are far more benign than the connotations of the name. They are corporate officers, residents of the C-suite, or members of the Board. Their positions give them a close-up view of a company’s inner workings, and that view guides them when they trade their own firms’ shares. The corporate insiders’ knowledge gives them an advantage in their trading, providing  ( 10 min )

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Learn the dynamics of investing in the S&P 500 Index through ETFs and mutual funds.  ( 31 min )

Find out some of the lower-risk ways to invest in foreign markets.  ( 20 min )

If you're planning to apply for a credit card, you may wonder how long it takes. Learn how long of a wait you can expect to receive your card.  ( 24 min )

ADRs of Alibaba advanced 8% on Friday amid optimism that a nearly $1 billion fine by China on a related company could signal the end of a yearslong crackdown on Alibaba.  ( 17 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )

Unemployment can vary wildly depending on where you live. Fortunately, the state unemployment rate at least makes it easy to find out.  ( 47 min )

Job creation came in lower than expected, and investors are still worried about higher interest rates, sending the Dow lower by about 190 points.  ( 17 min )

Mercedes-Benz is the first German-based electric vehicle maker to sign a deal to use Tesla superchargers in North America.  ( 16 min )

Home sales in hurricane-hit towns have jumped but insurance companies are moving out of the state.  ( 18 min )

Costco shares fell more than 2% on Friday after comparable store sales dropped in June as gas prices tumbled.  ( 17 min )

Stocks trading on the OTC Pink Open Market include many good companies waiting to be discovered. Find out more about the OTC's three markets.  ( 24 min )

Chime’s high-yield savings account doesn’t charge a fee or require a minimum deposit. Learn more about Chime savings account interest rates and other features.  ( 22 min )

More than 7,100 student loan borrowers could get a check from the Consumer Financial Protection Bureau, refunding illegally collected fees from a student-debt relief company.  ( 17 min )

An unemployment claim is a request an individual makes to a state government to receive temporary payments after having been laid off from a job.  ( 24 min )

OTC Pink is the lowest tier of the three marketplaces for trading over-the-counter stocks provided and operated by the OTC Markets Group.  ( 22 min )

Before jumping into a life insurance policy, learn which decisions you have to make and what you can do to reduce your premiums before you apply.  ( 28 min )

The list of the 500 companies that make up the S&P 500 is called its constituent list and includes many well-known names.  ( 24 min )

Clients need to understand the full picture, including the good and bad of cryptocurrency investing.  ( 25 min )

Money market accounts have some similarities and differences when compared with money market funds. Learn more about how the two accounts compare.  ( 23 min )

Here's how Amazon's (AMZN) stock moved on the success of Prime Day in the past.  ( 20 min )

Like other businesses, advisory firms have rushed to embrace diversity, equity, and inclusion. So, what are the reputed benefits and how are firms approaching DEI?  ( 24 min )

Before meeting with a financial advisor for the first time, it's a good idea to find out what kind of information the advisor wants you to supply. This can save a lot of scrambling to collect paperwork later. Here is what you need to know.  ( 24 min )

For the LGBTQ+ community, planning for retirement involves more than finances. You'll also want an LGBTQ+-friendly retirement environment. Here's how to find one.  ( 25 min )

Dry powder in the financial world is used in reference to an individual company's cash reserves, or to an investor's liquid assets.  ( 18 min )

U.S. equities were mixed at midday on Friday, July 7, 2023 after the government's June jobs report showed job creation slowed.  ( 16 min )

Rates on 30-year mortgages surged almost a third of a point, taking the flagship average well above its late May peak and establishing a new 20-year high.  ( 20 min )

Uber Eats, GrubHub, and DoorDash are suing New York City over a new law that would set a minimum wage for app-based food delivery workers, saying it would lead to higher costs and reduced service.  ( 18 min )

The Pink market is an electronic over-the-counter market that connects brokers and dealers for trading in stocks. Learn the Pink market's risks and advantages.  ( 24 min )

Shares of First Solar and other solar power providers climbed in early trading on Friday after First Solar secured a five-year, $1 billion revolving credit facility.  ( 16 min )

Pink sheets is an outdated term used to describe stocks that trade over-the-counter (OTC) in the U.S. rather than on a major stock exchange.  ( 26 min )

U.S. employers added 209,000 jobs in June, fewer than forecasts, but economists say the gains likely remained too high to prevent more interest rate hikes by the Fed.  ( 17 min )

American depositary receipts of Alibaba rose after unveiling an artificial intelligence tool that can create images in response to text prompts as the competition for AI products heats up.  ( 17 min )

Mario Draghi is the Prime Minister of Italy. He was president of the European Central Bank from 2011 to 2019.  ( 23 min )

The Biden administration announced a series of healthcare initiatives on Friday aimed at lowering healthcare costs and protecting consumers from fraudulent insurance plans and excessive fees.  ( 17 min )

Levi's shares dropped about 8% in early trading on Friday following news of a $1.6 million loss in the second quarter and a downward adjustment of its projected revenues in this fiscal year.  ( 18 min )

The Old Lady is a nickname for the Bank of England, originating from a 1797 political cartoon.  ( 19 min )

Six-in-ten Americans said that higher interest rates were hurting their finances, while another 38% said they benefited from higher rates, a new survey shows.  ( 18 min )

The government's latest jobs report is expected to show continued strength in the labor market and the FDA gives approval to a new Alzheimer’s disease treatment. Here’s what investors need to know today.  ( 18 min )

Job creation came in lower than expected, and investors are still worried about higher interest rates, sending the Dow lower by about 190 points.  ( 1 min )

U.S. equities were mixed at midday on Friday, July 7, 2023 after the government's June jobs report showed job creation slowed.  ( 1 min )

The government's latest jobs report is expected to show continued strength in the labor market and the FDA gives approval to a new Alzheimer’s disease treatment. Here’s what investors need to know today.  ( 1 min )

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Shares of First Solar and other solar power providers climbed in early trading on Friday after First Solar secured a five-year, $1 billion revolving credit facility.  ( 1 min )

Mercedes-Benz is the first German-based electric vehicle maker to sign a deal to use Tesla superchargers in North America.  ( 1 min )

Costco shares fell more than 2% on Friday after comparable store sales dropped in June as gas prices tumbled.  ( 1 min )

Een aanhoudende ruzie tussen Philips en Lidl over scheerapparaten krijgt een vervolg. De Hoge Raad besliste vrijdag dat de zaak over een apparaat van Lidl dat te veel zou lijken op twee apparaten van Philips deels moet worden overgedaan.  ( 3 min )

Supermarktketen Albert Heijn gaat stoppen met de verkoop van messen in de winkels. Dat bevestigt een woordvoerder na berichtgeving van NH Nieuws. In juni werd in een Haags filiaal een supermarktmedewerkster neergestoken, waarna zij overleed aan haar verwondingen.  ( 4 min )

De productie van Ford Fiesta's komt vrijdag na bijna vijftig jaar tot een einde. De bestverkopende auto van het Verenigd Koninkrijk moet plaatsmaken voor elektrische modellen.  ( 3 min )

Supermarktketen Albert Heijn gaat stoppen met de verkoop van messen in de winkels. Dat bevestigt een woordvoerder na berichtgeving van NH Nieuws. In juni werd een supermarktmedewerker neergestoken, waarna zij overleed aan haar verwondingen.  ( 4 min )

Je hebt geen toegang meer tot Twitter of Reddit met populaire apps zoals Tweetbot en Apollo. Beide platforms zijn op zoek naar nieuwe inkomstenbronnen. Daarom vragen ze sinds kort geld aan appontwikkelaars voor toegang tot hun systemen.  ( 4 min )

De enige autofabriek in Nederland heeft later dit jaar mogelijk een nieuwe opdrachtgever. VDL Nedcar heeft een intentieovereenkomst getekend met een bedrijf dat overweegt zijn auto's in Born te laten bouwen.  ( 3 min )

Een klimaatfonds met daarin 34 miljard euro subsidie voor groene investeringen is door de Tweede Kamer goedgekeurd. Het kabinet wist steun te krijgen van onder meer GroenLinks en PvdA, waardoor het plan met een ruime meerderheid is aangenomen.  ( 3 min )

Minister Rob Jetten (Klimaat en Energie) heeft een klimaatpakket van 28 miljard euro gepresenteerd. Op ons reactieplatform NUjij regende het deze week vragen over de opwarming die dat pakket moet voorkomen: 0,000036 graden wereldwijd. Hoe zit dat?  ( 8 min )

Je hebt geen toegang meer tot Twitter of Reddit met populaire apps zoals Tweetbot en Apollo. Beide platforms zijn op zoek naar nieuwe inkomstenbronnen. Daarom vragen ze sinds kort geld aan appontwikkelaars voor toegang tot hun systemen.  ( 4 min )

Kippenboeren kunnen hun vrije-uitloopkippen vanaf vandaag weer buiten laten lopen doordat de ophokplicht gedeeltelijk vervalt. Dat zorgt al snel voor de terugkeer van vrije-uitloopeieren in de winkel. Maar er zijn twijfels of de consument hier nog op zit te wachten.  ( 5 min )

Chinese Tesla-kopers kunnen 3.500 yuan (bijna 500 euro) terugkrijgen na aankoop van een nieuwe auto. Hiermee zet Tesla de prijzenoorlog in China op scherp.  ( 3 min )

Je hebt geen toegang meer tot Twitter of Reddit met populaire apps zoals Tweetbot en Apollo. Beide platforms zijn op zoek naar nieuwe inkomstenbronnen. Daarom vragen ze sinds kort geld aan appontwikkelaars voor toegang tot hun systemen.  ( 4 min )

De Europese Commissie start een diepgravend onderzoek naar de overname van stofzuigerfabrikant iRobot door Amazon. Brussel is bang dat het bedrijf te machtig wordt op de markt voor robotstofzuigers en andere merken gaat weren uit zijn webwinkel.  ( 3 min )

De nieuwe app Threads van Instagram-moederbedrijf Meta gaat de strijd aan met Twitter. Met nu al ruim dertig miljoen gebruikers maakt Threads een vliegende start. Maar de app is nog verre van perfect.  ( 4 min )

Het gerechtshof Amsterdam heeft vrijdag besloten dat Schiphol tóch moet krimpen. Daardoor mogen er niet langer 500.000 vliegtuigen per jaar landen of opstijgen. Dat is een grote opluchting voor de omwonenden, die last hebben van het lawaai.  ( 3 min )

Schiphol koopt negentien bagagerobots in om het zware sjouwwerk te verlichten. De Arbeidsinspectie wees de luchthaven er in maart al op dat het zo niet langer kon.  ( 3 min )

De Russische munt is fors in waarde gedaald. Alleen bij de start van de oorlog in Oekraïne betaalden Russen meer roebels voor een euro dan nu. De oorzaak lijkt de opstand van de Wagner Group van eind juni.  ( 3 min )

Er waren in 2022 minder mensen met een beperking aan het werk bij de overheid. Dat staat haaks op de afspraak dat ze meer werkgelegenheid voor deze groep moet creëren. Dankzij andere werkgevers kwamen er onder de streep toch banen bij.  ( 4 min )

De Duitse industrie komt nog steeds niet op gang. De productie daalde in de maand mei onverwacht en is nog steeds lager dan voor de coronapandemie. Daardoor blijft de vrees voor een diepere recessie in Duitsland.  ( 3 min )

Twitter beschuldigt Meta van valsspelen met zijn nieuwe berichtendienst Threads. Volgens het bedrijf van Elon Musk heeft het Instagram-moederbedrijf tientallen voormalige Twitter-medewerkers in dienst die toegang hadden tot de bedrijfsgeheimen van het platform.  ( 3 min )

De nieuwe app Threads van Instagram-moederbedrijf Meta gaat de strijd aan met Twitter. Met nu al ruim dertig miljoen gebruikers maakt Threads een vliegende start. Maar de app is nog verre van perfect.  ( 4 min )

Het gerechtshof in Amsterdam beslist vandaag of er gesneden mag worden in het aantal vluchten op Schiphol. Daar mogen nu nog 500.000 vliegtuigen per jaar landen of opstijgen, maar dat moet van het kabinet omlaag naar 440.000. Vooral KLM voelt daar niets voor.  ( 4 min )

Investors still follow an old set of principles, known as modern portfolio theory (MPT), that reduce risk and increase returns through diversification.  ( 22 min )

America's power to influence and impede trade and immigration goes far beyond the military's reach. Here's a look at countries with U.S. sanction programs.  ( 23 min )

Discover how MetaBank's NetSpend overdraft protection works and how much it charges for each overdraft transaction.  ( 20 min )

A business auto coverage form is a form that describes the key elements of a business auto policy (BAP).  ( 18 min )

The conforming loan limit is the annually adjusted dollar cap on the size of a mortgage that Fannie Mae and Freddie Mac will purchase or guarantee.  ( 19 min )

Low-income loans can help those with limited income access funds for emergency expenses or other needs. Learn more about the types of loans available, eligibility requirements, and how to apply.  ( 23 min )

Bausch + Lomb purchased Blink brands from a J&J subsidiary for $106.5 million to expand its over-the-counter offerings.  ( 16 min )

For the first time in nearly a year, the average home sold for more than its asking price during the four weeks ending July 2.  ( 17 min )

The Dow Jones Industrial Average fell 1.1%, or 366 points, Thursday after private sector payroll data showed that the labor market remains strong, raising fears that the Federal Reserve could hike rates faster or higher than planned.  ( 17 min )

A study finds 41% of workers think future retirees will be worse off financially than those currently retired.  ( 16 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )

Endowment life insurance combines life insurance with a long-term savings plan. Learn how endowment life insurance policies work and about their pros and cons.  ( 24 min )

A bad check is one that's drawn on an account that doesn't exit or on an account with insufficient funds to honor the amount of the check when it's presented for payment.  ( 23 min )

Discover the least stressful jobs in America. Our list includes average salary, education requirements, and job outlook for these low-stress careers.  ( 27 min )

In FX, it's not the price environment that decides this for you. Learn the differences to see which you prefer.  ( 22 min )

Proxy materials for shareholders to vote on arrive before corporate annual meetings. They contain information about board make-up, executive compensation, and more.  ( 24 min )

A fixed cost is a cost that does not vary with the level of production or sales.  ( 27 min )

If you fall behind on your personal loan payments, at the very least, your credit score will likely take a hit as the late payments remain on your credit report for a minimum of seven years.  ( 23 min )

While personal loan balances will vary between different kinds of borrowers, Americans on average have approximately $8,018 in personal loan debt as of Q4'22.  ( 21 min )

Layoff announcements sank in June to the lowest level since October, but remained higher than a year ago, according to a survey from outplacement and executive coaching firm Challenger, Gray & Christmas.  ( 17 min )

The Dow, S&P 500, and Nasdaq were all down more than 1% midday as investors reacted to new job numbers.  ( 16 min )

The City of London Corporation is a governing body made up of 125 elected representatives that exercises the powers of a local authority  ( 24 min )

The number of positions available dipped to 9.8 million, second-fewest in more than two years.  ( 16 min )

Record Chinese electric vehicle sales in June boosted Tesla deliveries, leading to retail buying in stocks such as Rivian.  ( 17 min )

Free of Particular Average (FPA) is an insurance contract clause that eliminates an insurer’s liability for partial losses.  ( 20 min )

Exxon Mobil Corp’s stock fell 2.4% in early trading Thursday after the company warned falling natural gas prices, lower margins, and soft demand could shave billions off its second-quarter earnings.  ( 17 min )

Learn about the various types of life insurance (term life, whole, universal variable, and final expense) and how to decide which is best for you.  ( 27 min )

London's financial districts encompass Canary Wharf, the Square Mile, and Lombard Street, each with its distinct characteristics.  ( 25 min )

Learn about U.K. pension schemes, including the State Pension, workplace pensions, and personal pensions, to plan for a secure financial future during retirement.  ( 21 min )

Meta Platforms’ (META) newest creation, a social media app called ‘Threads’, attracted 10 million users in just seven hours after launching late yesterday.  ( 17 min )

Rates on 30-year mortgages rose by a 8 basis points, following a one-day decline after seven prior days of continuous growth. Most other averages also increased on Wednesday.  ( 20 min )

Philip N. Jefferson is an American economist who, in May 2023, was named Vice Chair of the Federal Reserve Board (FRB). This is the board’s second-highest position, and makes Jefferson a powerful voice in determining U.S. economic policy.  ( 21 min )

In the commodity futures markets, the term “back months” refers to the futures contracts whose delivery dates are relatively far in the future.  ( 18 min )

Learn how to halt options losses when the market moves quickly in an unfavorable direction.  ( 24 min )

Yield to maturity (YTM) is the total return expected on a bond if the bond is held until maturity.  ( 29 min )

There are many methods used by the government to control inflation; one popular method is contractionary monetary policy.  ( 26 min )

A V-shaped recovery refers to a type of economic recession and recovery that resembles a 'V' shape in charting. It involves a sharp rise back to a peak after a sharp decline.  ( 26 min )

Created in 1789, the U.S. Treasury is the government (Cabinet) department responsible for issuing all Treasury bonds, notes, and bills. Discover more here.  ( 20 min )

JetBlue hopes to salvage its $3.8 billion Spirit acquisition by ending the Northeast Alliance with American Airlines following a court ruling.  ( 17 min )

Continuing claims refers to the number of people who have already filed an initial claim and are still filing for unemployment benefits.  ( 21 min )

Unemployment insurance is a benefit for workers who have lost their jobs and meet certain eligibility requirements.  ( 28 min )

Meta’s new Twitter rival, Threads, signed up 10 million users after its launch, and job openings are expected to fall. Here’s what investors need to know today.  ( 18 min )

Fiat money is a government-issued currency that is not backed by a physical commodity, such as gold or silver. Read more about dollars, euros, and other fiat money.  ( 29 min )

High mortgage rates are keeping would-be buyers out of the market as rents in New York reach records.  ( 16 min )

Discover’s savings account doesn’t usually have the highest APY, but it’s easily accessible with no minimum deposit or monthly fee.  ( 20 min )

Denationalization, also known as privatization, is the process of turning government-owned services over to private companies.  ( 25 min )

Bridging the gap between fiat currency and cryptocurrency, stablecoins aim to achieve stable price valuation using different working mechanisms.  ( 26 min )

he race for critical minerals has gone global in recent years, and companies that are able to extricate themselves from China’s grasp may become strategically vital  ( 17 min )

Concordia said it bought 8.18 million shares of Rothschild at 46.60 euros per share. The Rothschild family said in February it was seeking to take the bank private. Rothschild in May posted a 10% drop in first-quarter sales, as global mergers and acquisition activity fell to the lowest level in more than a decade.  ( 6 min )

(Bloomberg) -- Starbucks Corp. violated federal labor law when it shut down a unionized store in Ithaca, New York, a US labor board judge ruled Thursday.Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Stumble as Traders Turn to Payroll Data: Markets WrapBiden Set to Send Cluster Munitions to Ukraine Despite ConcernZuckerberg’s First Tweet in 11 Years Is Playful Jibe at MuskUS National Labor  ( 8 min )

Mergers on Wall Street have a way of creating substantial volatility. Usually, the company that makes the acquisition immediately loses a few points, while the company that is acquired skyrockets because of the price premium it receives on the deal. Investors who own the acquiring company hope that the merger will create substantial earnings and revenue that will propel the stock higher down the road. But it doesn’t always work out that way. One well-known example of a deal that went south was t  ( 9 min )

ESS had flatly denied the allegations and vowed to fight them.  ( 9 min )

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The cost of gasoline was sky high a year ago, boosting the top line, but the market has turned around.  ( 26 min )

Thirty-seven percent of workers have taken a loan, early withdrawal, and/or hardship withdrawal from their 401(k) or similar plan or IRA.  ( 9 min )

Senior members of Binance’s legal and compliance team left the company this week.  ( 7 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )

Stocks fell on Thursday after strong labor data spurred fears around further Federal Reserve interest rate hikes, reviving concerns about the impact of those hikes on the economy.  ( 7 min )

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Cronos Group Inc, the Canadian cannabis producer backed by cigarette maker Altria Group Inc, is exploring options that include a potential sale after attracting acquisition interest, according to people familiar with the matter. Spokespeople for Altria did not immediately respond to a request for comment. The sale talks involving Cronos come at a time of uncertainty for the cannabis industry, as more favorable regulatory regimes in North America have fueled fierce competition among a growing field of companies.  ( 7 min )

Stocks fell on Thursday after strong labor data spurred fears around further Federal Reserve interest rate hikes, reviving concerns about the impact of those hikes on the economy.  ( 7 min )

FedEx is encouraging UPS shippers to get off the fence today. It is also setting policies for onboarding. The post FedEx advises UPS shippers to get on board now appeared first on FreightWaves.  ( 7 min )

(Bloomberg) -- Canadian companies are at risk of facing higher interest costs as an unintended consequence of a government proposal to eliminate the country’s C$260 billion ($195 billion) mortgage bond program, an investors’ lobby group has warned.Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Swoon After Jobs Data Dashes Rate Cut Hopes: Markets WrapNYC Air Quality Drops to Unhealthy Level  ( 7 min )

(Bloomberg) -- Hotter-than-expected private hiring data has woken up Wall Street’s chief fear gauge after weeks of quiet in volatility markets. One trader is betting it’s just the start of a new round of turbulence. Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeStocks Stumble as Traders Turn to Payroll Data: Markets WrapUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalZuckerberg’s First Tweet in 11 Years Is Playful Jibe at MuskNYC Air Quality  ( 7 min )

(Bloomberg) -- From wrong-way calls on bonds to Big Tech and the economy, it’s been an awful year for conventional wisdom. So when almost four in five Wall Street pros tell you the stock market is too calm, the savviest thing to do is to bet it stays that way.Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeStocks Stumble as Traders Turn to Payroll Data: Markets WrapUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalBiden Set to Send Cluster Muniti  ( 10 min )

(Bloomberg) -- A massive luxury student housing complex in Texas is still showing signs of financial strain.Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Swoon After Jobs Data Dashes Rate Cut Hopes: Markets WrapNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameZuckerberg’s First Tweet in 11 Years Is Playful Jibe at MuskNCCD-College Station Properties LLC failed  ( 7 min )

Bud Light has been fighting an uphill battle since it partnered with transgender social media influencer Dylan Mulvaney in April. While Mulvaney has 10.6 million followers on TikTok, the collaboration triggered a backlash on social media and led to a boycott by some beer drinkers. The New York Times recently reported that at Glenn Miller's Beer & Soda Warehouse in Lemoyne, Pennsylvania, a 30-pack of Miller Lite was selling for $24.99. In contrast, a 30-pack Bud Light was priced at just $8.99 aft  ( 8 min )

Sweetgreen shares are moving higher after Bank of America upgraded its rating from neutral to buy.  ( 8 min )

Jeremy Grantham is one of those investors who has achieved legendary status in his own lifetime. He’s made a fortune, and a reputation, as a contrarian – an investor who takes a bearish look at the market, and has a knack for calling, and avoiding, asset bubbles. And right now, Grantham points out that the stock markets are showing all the signs of a bubble on the edge of bursting, and he’s predicting a 70% chance that the market will crash in the near-term. In brief, Grantham believes current m  ( 11 min )

Kevin O’Leary, renowned investor and star of "Shark Tank," has challenged Tesla Inc. CEO Elon Musk‘s controversial assertion that working from home is “immoral.” O’Leary, who oversees a vast business empire consisting of 54 companies, has expressed his support for remote work and rejects any notion of immorality associated with it. Musk, the influential figure behind Tesla and Twitter, recently launched a scathing critique of remote work, questioning its ethical implications. He argued that whil  ( 9 min )

After dealing with a battery issue and plant upgrades, Ford EV sales rebounded in the second quarter compared with the first quarter of 2023.  ( 29 min )

Critics are calling for a boycott of Ben & Jerry's after the ice-cream brand's July 4th tweet but parent company Unilever looks insulated from a backlash.  ( 29 min )

The first half of 2023 is in the books, and it has been a pretty good year for the JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI). The ETF, which features a dividend yield of just over 10%, has taken in $10 billion in net inflows (as of late June), more than all but two other ETFs, the massive Vanguard S&P 500 ETF and the iShares 20+ Year Treasury Bond ETF, which is quite an achievement given the ubiquity of these passive ETFs. Not only that, but the inflows have increased JEPI’s assets unde  ( 9 min )

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The key is to buy a basket of the cheap ones, so that gains in a few of them can offset disappointing performance in others.  ( 29 min )

A federal judge said Rivian Automotive must face a lawsuit claiming it defrauded shareholders during and after its blockbuster 2021 initial public offering by concealing that had underpriced its electric vehicles, leading to unpopular price hikes. U.S. District Judge Josephine Staton in Los Angeles said shareholders could try to prove that Rivian, which is not profitable, knew it would have to raise prices on its R1S SUV and R1T pickup truck because of higher materials costs, to avoid even bigger losses. Rivian's share price slid 39% over 10 days after the Irvine, California-based company on March 1, 2022 raised the R1S price to $84,500 from $70,000 and the R1T price to $79,500 from $67,500, angering customers on social media and elsewhere.  ( 7 min )

Stocks extended earlier losses in Thursday morning trading as traders anticipated more hawkish moves from the Federal Reserve. The Dow Jones Industrial Average was down 448 points, or 1.4%. It would be the Dow's largest one-day decline since March 22. The S&P 500 declined 1.2%, while the Nasdaq Com  ( 12 min )

(Bloomberg) -- Wall Street’s outlook for US stocks remains near a six-year low even after surging last month, a contrarian sign that suggests brighter times ahead, according to Bank of America Corp.Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeStocks Stumble as Traders Turn to Payroll Data: Markets WrapUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalZuckerberg’s First Tweet in 11 Years Is Playful Jibe at MuskNYC Air Quality Drops to Unhealthy  ( 8 min )

Argentina's central bank is set to hold its benchmark interest rate steady at 97% in the near term with optimism that monthly inflation will slowly ease, two bank sources said on Thursday, a boost for the government ahead of primary elections next month. The South American nation has annual inflation running at 114%, though the monthly CPI rise slowed slightly in May to 7.8% from a peak the month before. One of the sources, a central bank adviser, said inflation in June was expected to slow further.  ( 6 min )

Stocks dropped shortly after the market opened on Thursday as traders reacted to the latest wave of economic data. The Dow Jones Industrial Average declined 322 points, or 1%. The S&P 500 was down 1%, while the Nasdaq Composite slid 1.1%. ADP said [private-sector job growth](https://www.barrons.co  ( 13 min )

During Thursday’s trading session, the euro exhibited a state of indecisiveness, with its rate fluctuating within a specific range – the 50 Day EMA and the 1.09 level.  ( 7 min )

Most people's income comes as the direct result of work - you get a job, show up, hopefully perform decently well and then money shows up in your bank account. Some people, though, look to set up streams of passive … Continue reading → The post Passive Income: How Is It Taxed? appeared first on SmartAsset Blog.  ( 9 min )

A Roth IRA gets favorable tax treatment that can help you accumulate funds for retirement. Despite the advantages, you can lose some or all of the money you put into a Roth IRA. One possible reason for a decline in … Continue reading → The post Can You Lose Money in a Roth IRA? appeared first on SmartAsset Blog.  ( 9 min )

Ford Motor Co on Thursday reported a near 10% rise in second-quarter U.S. auto sales, helped by strong demand for personal vehicles and easing supply chain disruptions. The U.S. automaker's quarterly sales rose to 531,662 vehicles from 483,688 vehicles a year earlier. Ford joins global rivals in reporting a rise in U.S. sales, as a steady jobs market despite the Federal Reserve's hawkish monetary policy boosted demand.  ( 6 min )

Legendary billionaire investor and Berkshire Hathaway Inc. CEO Warren Buffett believes that value investing still holds significant opportunities despite the market's changing landscape. During Berkshire Hathaway's annual shareholders’ meeting, Buffett expressed optimism about the future of value investing, citing the prevalence of "other people doing dumb things" as a key driver of these opportunities. "What gives you opportunities is other people doing dumb things," Buffett said. "During the 5  ( 8 min )

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Stocks fell at the open on Thursday after strong labor data spurred fears around further Federal Reserve interest rate hikes, reviving concerns about the impact of those hikes on the economy.  ( 7 min )

Many prices less affected by monetary policy matter more for cooling inflation, giving central banks reasons to be overly hawkish.  ( 29 min )

Live coverage of what's moving stocks and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite  ( 21 min )

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Following are responses from some companies to the announcement of curbs from Aug. 1 on Chinese gallium and germanium exports. The German automaker said gallium and germanium played a role in future autonomous driving functions. * Taiwan's TSMC, the world's largest contract chipmaker, said it did not expect any direct impact on its production but would continue monitoring the situation.  ( 7 min )

Trucking giant Yellow said it may run out of money sometime this month. The union boss says he doesn’t mind it happening. The post Why Teamsters is willing to sacrifice 22,000 union trucking jobs appeared first on FreightWaves.  ( 10 min )

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Live coverage of what's moving stocks and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite  ( 21 min )

Stocks were setting up to fall at the open on Thursday after the Federal Reserve's messaging spurred expectations for an interest-rate increase in July, reviving concerns about the impact on the economy.  ( 7 min )

Meta Platforms launches Threads, its rival to Twitter; Bank of America raises its quarterly dividend; and JetBlue says it will wind down its joint venture with American Airlines.  ( 27 min )

The low-cost airline reiterated that it strongly disagrees with the ruling but said it has made the “difficult decision” to begin terminating its alliance with American Airlines in the New York and Boston areas.  ( 27 min )

Iranian crude exports have hit a five-year high in recent months as the country ships more oil to China and other buyers.  ( 30 min )

Exxon said profits fell sharply in the second quarter compared with last year.  ( 24 min )

The new top dogs in China’s electric vehicle market are starting to thin out the pack. Tesla is in the running, but most other foreign brands aren’t.  ( 29 min )

(Bloomberg) -- Equity benchmarks across Asia fell on Thursday with Hong Kong shares leading the losses in a broad, risk-off move across global markets.Most Read from BloombergNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBond Yields Higher as Another Rate Hike Signaled: Markets WrapFed Minutes Reveal Divisions Over Decision to Pause in JuneEarth Keeps Breaking Temperature Records Due to Global WarmingT  ( 9 min )

(Bloomberg) -- Tesla Inc. and China’s top electric-vehicle makers including BYD Co. pledged to maintain fair competition and avoid “abnormal pricing” in the world’s biggest EV market, signaling a possible end to the 2023 price war that’s shrouded the industry. Most Read from BloombergNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBond Yields Higher as Another Rate Hike Signaled: Markets WrapInstagram Un  ( 8 min )

(Bloomberg) -- Teva Pharmaceutical Industries Ltd. is weighing options for its active ingredients business, including a possible sale, people with knowledge of the matter said, as takeovers of health-care assets continue to defy the global dealmaking slump. Most Read from BloombergNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBond Yields Higher as Another Rate Hike Signaled: Markets WrapInstagram Unvei  ( 8 min )

These banks are relatively cheap, have managed to hold onto their deposits, and are not threatened by exposure to troubled sectors like commercial real estate.  ( 24 min )

Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Affirm, American Express, Conagra, Eagle Materials, and HubSpot. Affirm (NASDAQ:AFRM) shares were recently down about 6% premarket after Piper Sandler downgraded the company to Underweight from Neutral with a price target of $11.00. Piper noted that Affirm relies heavily on loan sales for revenue, but that higher rates and wider credit spreads have led them to hold more loans on their balance sheet, which also pressures operating margins.  ( 7 min )

A new report from the Brookings Institutions demonstrates the danger of crypto volatility on the job market.  ( 7 min )

HONG KONG (Reuters) -China has released its first homegrown open-source desktop operating system, named OpenKylin, state media said, as the country steps up efforts to cut reliance on U.S. technology. Released on Wednesday, and based on the existing open-source Linux operating system, China's version was built by a community of about 4,000 developers, and is used in its space programme and industries such as finance and energy, they added. China's massive market for operating systems was worth 15.5 billion yuan ($2.1 billion) last year, state media said, citing an industry report.  ( 6 min )

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Microsoft, Twilio, and Zscaler are among the companies that could deliver AI success to stave off a potential downturn in technology stocks.  ( 24 min )

Filing indicates the actively managed vehicles will make the transition in November  ( 7 min )

In India’s bustling streets, where two-wheelers are seen as the primary mode of transportation, a powerful shift toward electrification is happening. Electric scooter sales have taken a hit, and the blame falls squarely on the recent reduction of government subsidies. In May, the Indian government revised its incentive scheme called Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles, commonly called FAME-II, and reduced subsidies to $122 (10,000 Indian rupees) per kWh of battery capacity, with a maximum cap of 15% of the ex-factory vehicle price.  ( 12 min )

"For oil refineries and trading companies, the cost of holding oil in tanks has become much more expensive."  ( 7 min )

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Bausch + Lomb purchased Blink brands from a J&J subsidiary for $106.5 million to expand its over-the-counter offerings.  ( 1 min )

Exxon Mobil Corp’s stock fell 2.4% in early trading Thursday after the company warned falling natural gas prices, lower margins, and soft demand could shave billions off its second-quarter earnings.  ( 1 min )

JetBlue hopes to salvage its $3.8 billion Spirit acquisition by ending the Northeast Alliance with American Airlines following a court ruling.  ( 1 min )

The Dow Jones Industrial Average fell 1.1%, or 366 points, Thursday after private sector payroll data showed that the labor market remains strong, raising fears that the Federal Reserve could hike rates faster or higher than planned.  ( 1 min )

Meta’s new Twitter rival, Threads, signed up 10 million users after its launch, and job openings are expected to fall. Here’s what investors need to know today.  ( 1 min )

De nieuwe app Threads van Instagram-moederbedrijf Meta gaat de strijd aan met Twitter. Met nu al ruim dertig miljoen gebruikers maakt Threads een vliegende start. Maar de app is nog verre van perfect.  ( 4 min )

De landelijke ophokplicht voor pluimvee wordt voor het grootste deel van Nederland ingetrokken. De overheid stelde de ophok- en afschermplicht in september vorig jaar in, nadat veel kippen en andere soorten pluimvee besmet waren geraakt met de vogelgriep.  ( 3 min )

Het kabinet wil verplichten dat er zonnepanelen komen boven nieuwe parkeerplaatsen. Verder moeten ze zo veel mogelijk op daken en gevels komen, en niet meer in weilanden.  ( 4 min )

Door een "verslaving aan inkomsten uit de fossiele samenleving" heeft het kabinet geen duidelijk plan om ons vervoer te verduurzamen, schrijven vertegenwoordigers uit de mobiliteitssector in een brandbrief aan klimaatminister Rob Jetten.  ( 6 min )

Beleggers betaalden donderdag voor een bitcoin meer dan 31.000 dollar (zo'n 28.500 euro). Het was voor de grootste cryptomunt ter wereld de hoogste koers in meer dan een jaar.  ( 3 min )

De komst van kweekvlees is weer een stap dichterbij. Door groen licht van de verantwoordelijke ministeries kan het nog dit jaar geproefd worden. Maar tot zo'n revolutionaire burger echt op ons bord ligt, is er nog een lange weg te gaan.  ( 6 min )

Shell-topman Wael Sawan vindt het verlagen van de olie- en gasproductie gevaarlijk en onverantwoord. Volgens hem heeft de wereld deze fossiele brandstoffen juist hard nodig.  ( 3 min )

De zomerstorm Poly heeft naar schatting voor 50 tot 100 miljoen euro aan schade veroorzaakt. Vooral woningen, auto's en bedrijfsgebouwen hebben schade opgelopen.  ( 3 min )

Er moet een einde komen aan de uitwassen van zzp'ers in de zorg, die eigenlijk werk doen van mensen in loondienst. Drie ministeries kondigen nu aan dat ze de regels tegen schijnzelfstandigheid strenger gaan handhaven.  ( 5 min )

Er moet een einde komen aan de uitwassen van zzp'ers in de zorg, die eigenlijk werk doen van mensen in loondienst. Drie ministeries kondigen nu aan dat ze de regels tegen schijnzelfstandigheid strenger gaan handhaven.  ( 4 min )

Woningkopers hebben er weer vertrouwen in en dat brengt de dynamiek op de woningmarkt weer op gang, meldt makelaarsvereniging NVM. Zo nam het aantal verkochte woningen in het tweede kwartaal van 2023 met 20 procent toe ten opzichte van begin dit jaar.  ( 6 min )

Woningkopers hebben er weer vertrouwen in en dat brengt de dynamiek op de woningmarkt weer op gang, meldt makelaarsvereniging NVM. Zo nam het aantal verkochte woningen in het tweede kwartaal van 2023 met 20 procent toe ten opzichte van begin dit jaar.  ( 6 min )

De krapte op de Nederlandse arbeidsmarkt nam in de eerste drie maanden van dit jaar iets af. Toch is het probleem nog niet opgelost: in de meeste beroepen zijn heel veel vacatures.  ( 3 min )

Al tien miljoen mensen hebben zich aangemeld op Threads, de Twitter-concurrent van Instagram-moederbedrijf Meta.  ( 4 min )

De prijzen van huurhuizen in de vrije sector zijn de afgelopen maanden flink opgelopen in de grote steden. Vooral in Amsterdam, Rotterdam en Den Haag waren huurders duurder uit. Dat komt doordat het aanbod steeds kleiner wordt, wat prijzen opdrijft.  ( 4 min )

Chinese investors are rushing offshore to make dollar deposits and buy Hong Kong insurance in a signal domestic confidence is languishing and that the ailing yuan faces more pressure. The outflows highlight deep-seated concern about the state of China's economy as its much-awaited pandemic recovery stalls. Brokers say individuals are responsible for the surge and it shows no sign of letting up, which analysts warn could put further pressure on the yuan as it teeters at eight-month lows.  ( 9 min )

(Bloomberg) -- Exxon Mobil Corp. said lower natural gas prices and refining margins will reduce second-quarter earnings by about $4 billion compared with the previous three months.Most Read from BloombergNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBond Yields Higher as Another Rate Hike Signaled: Markets WrapEarth Keeps Breaking Temperature Records Due to Global WarmingFed Minutes Reveal Divisions Ov  ( 7 min )

Teva Pharmaceutical Industries Ltd (NYSE: TEVA) is reportedly considering potential strategic options for its active pharmaceutical ingredients (API) unit, which could include a potential sale. This news comes from individuals privy to the matter, who indicated that the current healthcare asset acquisitions continue despite the broader global slowdown in dealmaking. Working with consultants, Teva is attempting to identify potential buyers for its API unit, which could be valued at approximately  ( 7 min )

Bank of America (BofA) said on Wednesday it planned to increase its quarterly common stock dividend to 24 cents per share from 22 cents per share beginning in the third quarter of 2023. BofA, unlike other major U.S. banks, had held back a decision on the dividend last week. Rivals JPMorgan Chase, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley hiked their third-quarter dividends on Friday after sailing through the Federal Reserve's stress test.  ( 7 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )

Bank of America says it plans to raise its dividend. The announcement Wednesday makes it the last of the six biggest U.S. banks to announce dividend-in  ( 22 min )

Florida homeowners insurance is the costliest in the nation--and going higher. Critics say Florida governor Ron DeSantis should do more to fix the problem instead of campaigning for president.  ( 10 min )

(Bloomberg) -- SVB Financial Group, the bankrupt former owner of Silicon Valley Bank, won court permission to sell its investment banking arm for $100 million, four years after it paid $280 million for the unit.Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBond Yields Higher as Another Rate Hike Signaled: Markets WrapNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameEarth Keeps Breaking Temperature Records Due to Global Warming  ( 7 min )

BlackRock (BLK) CEO Larry Fink said crypto, specifically bitcoin (BTC), could revolutionize the financial system in an interview with Fox Business on Wednesday.  ( 7 min )

Stocks dropped at the open Wednesday, as investors eyed headwinds for the global economy and braced for the release of Federal Reserve minutes.  ( 7 min )

During Berkshire Hathaway Inc.'s annual shareholder meeting, CEO Warren Buffett shared his insights on how he became one of the world's most respected investors. One crucial lesson he emphasized was the need to remain rational and unswayed by emotions when it comes to matters of business. Seeking confirmation, Buffett turned to his partner and right-hand man Charlie Munger and asked, "Have we ever made an emotional decision?" In his characteristically dry manner, Munger promptly replied, "No." S  ( 8 min )

(Bloomberg) -- It’s not only yields that are set to be impacted as the US Treasury ramps up the supply of bills, according to interest-rate strategists at Barclays Plc. Most Read from BloombergNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBond Yields Higher as Another Rate Hike Signaled: Markets WrapFed Minutes Reveal Divisions Over Decision to Pause in JuneEarth Keeps Breaking Temperature Records Due  ( 8 min )

(Bloomberg) -- Federal Reserve officials were less united at their June meeting than their unanimous decision suggested, as some favored interest-rate increases but went along with the move to leave policy unchanged. Most Read from BloombergEquity Losses Stick as Traders Digest Fed Minutes: Markets WrapEarth Keeps Breaking Temperature Records Due to Global WarmingXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t t  ( 9 min )

Stocks dropped at the open Wednesday, as investors eyed headwinds for the global economy and braced for the release of Federal Reserve minutes.  ( 7 min )

Some Federal Reserve officials pushed to raise the Fed’s key interest rate by one-quarter of a percentage point at their meeting last month to fight high inflation, though the central bank ultimately decided to forgo a rate hike. In the end, the 11 voting members of the Fed’s interest-rate setting committee agreed unanimously to skip a hike after 10 straight increases. In Fed parlance, “some” is less than “most” or “many,” evidence that the support for another rate hike was a minority view.  ( 6 min )

A united U.S. Federal Reserve agreed to hold interest rates steady at the June meeting as a way to buy time and assess whether further rate hikes would be needed, even as the vast bulk expected they would eventually need to tighten policy further, according to meeting minutes released on Wednesday. While "some participants" wanted to move ahead with a rate hike in June because progress in cooling inflation had been slow, "almost all participants judged it appropriate or acceptable to maintain" the federal funds rate at the existing 5% to 5.25%, the minutes said. The minutes added detail to the policy statement and economic projections issued after the June 13-14 session, when the Fed ended its 10-meeting streak of rate hikes with a decision to hold the benchmark federal funds rate steady.  ( 6 min )

Less than a year after purchasing Romeo Power to secure its battery supply, Nikola is liquidating the subsidiary. The post Nikola moves to liquidate battery pack maker Romeo Power appeared first on FreightWaves.  ( 9 min )

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The Spectre EV is delivering what it was meant to do — be a Rolls-Royce motorcar first above all else.  ( 8 min )

Wall Street fearmongers keep warning that a recession and stock market crash are just around the corner. It's time to start ignoring them.  ( 11 min )

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CD rates haven’t been this high in years. As the Fed pushes up interest rates, CD rates are rising too. Find the best deals and rates on CDs.  ( 9 min )

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With a net worth of $153 billion, Amazon.com Inc. Founder Jeff Bezos can probably afford to buy any house he wants. But right now, he's renting. Bezos and his fiancée Lauren Sanchez are reportedly renting a home in Malibu, California, from legendary jazz saxophonist Kenny G for $600,000 per month. The 5,500-square-foot house comes with a huge backyard, pool, screening room and recording studio. It also has a 3,500-square-foot guesthouse. The estate gives the couple access to Little Dume Beach, o  ( 9 min )

U.S. equities declined at midday on Wednesday, July 5, 2023, ahead of the release of meeting minutes from the Fed's June policy meeting.  ( 16 min )

This year's rally started off with tech, but big names within other sectors may be showing a breadth expansion.  ( 8 min )

In the second quarter, 17.1% of people who are financing a vehicle purchase are paying more than $1,000 a month, a record. Rates could ease soon, however, as the Fed is closer to ending hikes.  ( 24 min )

The Phoenix-based semi-truck maker lost momentum because of several factors, including a fire and assembly-line modifications.  ( 28 min )

It's easy to earn a great rate on your savings or a CD, but it means looking beyond the big-name banks. Smaller players pay significantly more, and are just as safe.  ( 23 min )

Analyst Colin Langan added the auto maker to a list of stocks that could be moved up or down by significant events expected in the third quarter.  ( 24 min )

Rivian shares rose after beating EV delivery estimates for the second quarter and maintaining its guidance to double production by year end.  ( 17 min )

Wedbush analyst Dan Ives believes that ChatGPT will be the "next leg of growth" for Microsoft.  ( 24 min )

Digital World Acquisition Corp. said it has reached a preliminary settlement with regulators investigating the special-purpose acquisition company, and the stock is surging. Shares of DWAC—the SPAC trying to take former President Donald Trump's social-media company public—rose 13% on Wednesday morn  ( 22 min )

Netflix upgraded, Coinbase downgraded: Wall Street's top analyst calls  ( 9 min )

Two large drugmakers are advancing in early trading Wednesday. AstraZeneca's New-York listed ADR rose 2.6% shortly after the open; shares in the drugmaker sold off Monday after it reported mixed results in a trial for an experimental cancer drug. Moderna rose over 4% after [reports that it had  ( 21 min )

United Parcel Service said it hasn’t walked away from negotiations with the International Brotherhood of Teamsters, and it is encouraging the union to continue talks to avert a strike.  ( 29 min )

Over the past month, the EV-maker has posted better-than-expected delivery numbers, while Amazon.com is rolling out its vans in Europe.  ( 24 min )

2023 will surely be looked upon as the year AI went mainstream. Fueled by the rise of ChatGPT, the tech has captured the public’s imagination and it is a topic constantly hogging the headlines. Naturally, investors have also tuned in to the conversation, and AI has been driving the year’s rally in tech stocks. But there are already murmurings regarding a bubble in all things AI, so the question is: has the opportunity already played out this year? Not entirely, appears to be the opinion of one i  ( 10 min )

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The business includes operating assets of REC Solar, which Duke had acquired in 2015, development pipeline and operations and maintenance portfolio, as well as distributed fuel cell projects managed by Bloom Energy. Duke said it expects about $259 million of proceeds from this sale, which the company would use to help incorporate more than 30,000 megawatts of regulated renewable energy into its system by 2035. Duke's peers such as FirstEnergy and NiSource have also sold stakes in their subsidiaries this year as they seek to invest in cleaner sources of energy.  ( 7 min )

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The Citi CEO believes in leading with empathy.  ( 7 min )

(Bloomberg) -- For oil bulls, one of the biggest caps on prices this year is turning into a tailwind. Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeEarth Keeps Breaking Temperature Records Due to Global WarmingUS Futures Fall as China Data Saps Risk Appetite: Markets WrapLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Export of Chipmaking Metals in Clash With USOil’s 10% drop so far in 2023 confounded some analyst and trader  ( 8 min )

After more than two months of negotiations, UPS and Teamsters, were unable to reach a consensus on a new four-year labor contract.  ( 7 min )

The U.S. is looking to restrict Chinese companies' access to U.S. cloud computing services and minutes of the latest Federal Reserve meeting could provide clues into how it will treat upcoming rate hike decisions. Here’s what investors need to know today.  ( 18 min )

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The bubble burst has been somewhat delayed by A.I. the investment stalwart said—but said it will not delay a crash he believes is inevitable.  ( 8 min )

When the bull market roars, growth stocks ramp. Here are 3 of the best high growth stocks surging in 2023.  ( 7 min )

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Kiwi Camara earned $110 million in pay last year as CEO of CS Disco, a legal tech company worth just $500 million.  ( 9 min )

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India's Bajaj Auto launched two locally-made Triumph motorcycles on Wednesday, two days after Hero MotoCorp unveiled a locally-made Harley model and adding to the competition in the premium space dominated by Eicher Motors' Royal Enfield. The launch of the two models, made in partnership with UK's Triumph Motorcycles, sent Bajaj Auto shares to a record high of 4,900 rupees. The Triumph Speed 400 will be priced at 233,000 rupees ($2,834), Bajaj Auto said, but did not disclose a price for the Scrambler 400X.  ( 7 min )

Stock futures dropped Wednesday, as traders returning from the Independence Day break eyed headwinds for the global economy and braced for the release of Federal Reserve minutes.  ( 7 min )

Russia-Saudi oil cooperation is still going strong as part of the OPEC+ alliance, which will do "whatever necessary" to support the market, Saudi Energy Minister Prince Abdulaziz bin Salman told a conference on Wednesday. OPEC+, a group comprising the Organization of the Petroleum Exporting Countries and allies including Russia which pumps around 40% of the world's crude, has been cutting oil output since November in the face of flagging prices. Saudi Arabia and Russia, the world's biggest oil exporters, deepened oil supply cuts on Monday in an effort to send prices higher.  ( 8 min )

A shuttered Illinois Jeep assembly plant will be at the center of a power struggle between the United Auto Workers union and Detroit's automakers as the manufacturers double down on cutting costs to fund an accelerated transition to electric vehicles. When the Stellantis factory in the northern Illinois town of Belvidere was idled in February, it left union members in shock as they had not expected the shutdown until June. "They wanted to reduce us even more which seemed like an impossible feat," Matt Frantzen, the local union president in Belvidere, said of the decision following a prior elimination of two work shifts at the factory.  ( 9 min )

The second half of the week also has some sets of economic data that are expected, including the non-farm payrolls report on Friday. Investor focus will be on minutes from the Fed's most recent policy meeting, expected at 2 p.m. ET, as U.S. markets resumed trading after being closed for the July 4 Independence Day holiday. Traders are near certain that the U.S. central bank will hike interest rates in July after pausing last month, but have only priced in a 32% chance that it would need to deliver another hike by October.  ( 6 min )

The giant of contract electronics manufacturing sees revenue drop almost 20% year over year in June, led lower by weakness in smart consumer electronics.  ( 24 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

Amazon.com and Microsoft shares slip after a report says the U.S. is looking to restrict China’s access to cloud-computing services, and Rivian extends gains after strong second-quarter production.  ( 24 min )

American car shoppers have been flocking to dealerships, shaking off concerns about rising interest rates and inflationary pressures.  ( 31 min )

The right level for interest rates will eventually be much lower, according to financial markets and Federal Reserve policy makers, but that is no certain thing.  ( 30 min )

(Bloomberg) -- The collapse of two US auto dealers and a growing pile of delinquent car loans are threatening to deliver losses in a corner of Wall Street that, until now, has been a sea of calm: the asset-backed securities market.Bonds backed by car loans made by U.S. Auto Sales and American Car Center, two used-car dealers that shut their doors earlier this year, have been veering into distress in recent weeks. Borrowers have been falling behind on payments, and Citigroup believes that some of  ( 7 min )

↗️ Netflix (NFLX): The streaming giant's stock rose 1.3% in premarket trading after reports it will fine tune its advertising strategy with more targeted ads for sponsors. ↘️ Tesla (TSLA):  ( 20 min )

Treasury Secretary Janet Yellen heads to Beijing this week to help warm the relationship between the world’s two biggest economies.  ( 27 min )

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(Bloomberg) -- Exxon Mobil Corp.’s ambitious expansion in trading is running into a thorny issue: whether or not to pay traders millions of dollars in performance-related bonuses.Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyStocks Decline as China Data Saps Risk Sentiment: Mar  ( 9 min )

(Bloomberg) -- China’s largest banks cut rates for the nation’s $453 billion corporate US dollar deposits for the second time in a matter of weeks, according to people familiar with the matter, as authorities intensify measures to shore up the struggling yuan.Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing a  ( 8 min )

U.S. stocks were set to drop as trading resumes on Wednesday after the Independence Day holiday, with investors looking ahead to the publication of the minutes from the latest Fed meeting. The minutes from June’s Federal Open Market Committee will be released at 2 p.m. Eastern time and [will be wat  ( 11 min )

Sweden-based Volvo Cars on Wednesday reported a 33% rise in car sales in June from a year earlier, to 66,379 cars. "The overall sales increase was driven by the company's fully electric cars which quadrupled compared to the same period last year," it said in a statement.  ( 5 min )

Jordan’s Attarat power plant was envisioned as a landmark project promising to provide the desert kingdom with a major source of energy while solidifying its relations with China. Deals surrounding the plant put Jordan on the hook for billions of dollars in debt to China — all for a plant that is no longer needed for its energy, because of other agreements made since the project’s conception. The result is fueling tensions between China and Jordan and causing grief for the Jordanian government as it tries to contest the deal in an international legal battle.  ( 9 min )

(Bloomberg) -- A $1.8 billion project by defaulted Chinese developer Shimao Group Holdings Ltd. failed to find a buyer at a forced auction, underscoring the lack of investment appetite amid a weakening economy. Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyOdey’s Hedge Fund Emp  ( 6 min )

China's export controls on metals used in making semiconductors are "just a start", an influential trade policy adviser said on Wednesday, as it ramps up a tech fight with the U.S. days before U.S. treasury secretary Janet Yellen visits Beijing. Shares in some Chinese metals companies rallied for a second session, with investors betting that higher prices on gallium and germanium, which Beijing's export restrictions target, could boost revenues. China's abrupt announcement of controls from Aug. 1 on exports of some gallium and germanium products, also used in electric vehicles (EVs) and fibre optic cables, has sent companies scrambling to secure supplies and bumped up prices.  ( 7 min )

U.S. stocks' tendency to move in sync has plunged to near-record lows, but what might seem like a stock picker's dream may actually be a mirage, and investors may be in for a rude awakening. S&P 500 correlation - a gauge of herd behavior, which measures how closely daily returns of index constituents align over a month - slipped to 0.22 at the end of June, close to the lowest since November 2021, according to data from S&P Dow Jones Indices. Investors expect stocks to move increasingly out of sync as shown by the Cboe 3-Month Implied Correlation Index, which measures the 3-month expected average correlation across the top 50 value-weighted S&P 500 stocks.  ( 8 min )

An inscrutable investor nicknamed the “Czech sphinx” is poised for a showdown with a French spy-turned-tech billionaire in a battle for the control of one of the country’s biggest supermarkets.  ( 8 min )

"You want the riskless part of your portfolio to be absolutely riskless," financial author William J. Bernstein.  ( 24 min )

An excerpt from the second edition of William J. Bernstein's second edition of The Four Pillars of Investing: Lessons for Building a Winning Portfolio.  ( 24 min )

(Bloomberg) -- The Federal Reserve on Wednesday will shed some light on the discussions at their June meeting that left Wall Street perplexed.Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyOdey’s Hedge Fund Empire Is Disintegrating Bit by BitThe Federal Open Market Committee pau  ( 7 min )

The dollar drifted near the middle of its range of the past three weeks against major peers on Wednesday, as traders looked ahead to the release of minutes from the Federal Reserve's latest meeting for clues about the path for monetary policy. The dollar index - which measures the currency against a basket of six major peers, including the euro and yen - was little changed at 103.02, after tracking between 103.75 and 102.75 since early June. The dollar hovered about half a yen below the 145 level that spurred intervention by Japanese authorities last autumn, after last week briefly popping as high as 145.07 for the first time since November.  ( 7 min )

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(Reuters) -Gold stuck to a narrow range on Wednesday as investors awaited the release of the U.S. Federal Reserve's latest monetary policy meeting minutes later in the day, with a stronger dollar also weighing on prices. Spot gold was little changed at $1,923.66 per ounce by 0243 GMT, while U.S. gold futures rose 0.1% to $1,931.20. The Federal Open Market Committee will issue minutes from its June 13-14 meeting at 1800 GMT.  ( 7 min )

TOKYO/SINGAPORE (Reuters) -Oil benchmark Brent fell on Wednesday, reversing some of the gains made after Saudi Arabia and Russia announced they would extend and deepen output cuts into August, as concerns over a global economic slowdown weighed on market sentiment. U.S. West Texas Intermediate (WTI) crude futures were at $70.86 a barrel, up $1.07, or 1.5%, from Monday's close, having traded through a U.S. holiday to mark Independence Day without a settlement. "Oil prices came under pressure again due to lingering worries over a slowdown in the global economy and further hikes of interest rates in the United States and Europe," said Tomomichi Akuta, senior economist at Mitsubishi UFJ Research and Consulting.  ( 8 min )